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13 February 2025 | 0 replies
Here are some key highlights from the report, which compares January 2025 with January 2024:The median sales price for the greater Austin metro fell 4.7% to $409,765, while the City of Austin saw a 4.7% increase to $553,465.Total sales in the metro rose 1.1%, whereas the city saw a 4% decrease in closed sales, demonstrating continued demand in spite of economic challenges.Pending sales under contract dropped 7.5% in the metro and 1.4% in the City of Austin, suggesting a slight decrease in demand at the start of 2025.Listing inventory increased 16.5% in the metro and 15.5% in the City of Austin, resulting in 5.6 months of available housing inventory in the metro and 6.2 months in the city, approximately one month more than in January 2024.According to the Texas A&M Real Estate Center, a balanced real estate market has around 6.5 months of inventory.
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22 February 2025 | 11 replies
I encourage most readers to just admire your efficiency instead of presuming they can get these results themselves.I have not heard of a single investor able to get this kind of work done for $30k in Philadelphia.
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22 February 2025 | 7 replies
Hopefully your results will vary!
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21 February 2025 | 10 replies
3) Naively expecting paper results to be real results.There's a lot more, DM us if you'd like to chat about them.
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19 February 2025 | 29 replies
You will get much better results investing in your own backyard.
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31 January 2025 | 3 replies
Once everyone understand the mechanics, and the results for all: they'll keep coming back to the table!
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19 February 2025 | 7 replies
How in your opinion does this affect the appraisers result?
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3 February 2025 | 0 replies
Whether it’s connecting sellers with the right buyers or creating win-win opportunities, I thrive on taking action and delivering results. Â
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5 February 2025 | 15 replies
I have gone lower before for high producing properties.Â
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17 February 2025 | 7 replies
Prior to leveraging, we would model the condos to see if the new debt would result in positive or negative cash flow for the condo.Â