YTD Closed Sales: 4,126 -0.27% Yoy.Inventory: 3,805, +11.85% Yoy.YTD inventory: -9.03%New Listings: 2,958, +17.58% Yoy.YTD New Listings: 5,547, +8.96% Yoy.Month Supply: 1.2, +33.33% Yoy - firmly in a sellers market.Cumulative Days on Market: 49, -7.55% Yoy.

I'm an agent, so I'm not anti agent/broker, I just think there is a lot of housing supply frozen in ice because sellers need a real partner to work through various issues they have before they can sell.

I run a kitchen design and supply business.

How do you assess the overall investment climate for multi-family properties at present, considering factors such as interest rates, economic indicators, and housing supply dynamics?

@Keeya WangJonesNevada is a great state to invest in because of the proximity to CA, no state income tax, 4th lowest property taxes in the US, constricted housing supply, and job and wage growth. 

So much sensationalism in the news and on here and social media about it, but from reading the actual settlement, it doesn’t do much to lower transaction costs and definitely does not lower property prices (supply and demand controls pricing, interest rates/available credit, inventory, the broader economy, jobs etc. not real estate agents). 

You will pay $1100 (hopefully this will cover what remains of PITI as insurance in Florida is costly), maintenance/cap ex ($400/unit), pm (or do the work of the PM), Misc (book keeper, umbrella policy, office supplies, etc). 

This benefits today’s buyers, because there is less competition for the current supply of houses in the market and it puts you into a better position to get the house that you like and want.

-Assess the affordability and supply of housing in the market.

I remember learning in college economics where the supply curve meets the demand curve that is the optimal price point for maximum revenue :)