Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

Quote from @Robert Ellis: I think a lot of this data for miami is wrong. it's not a buyers market or even close to a buyer''s market. 

BrightInvestor offers a ton of market data and property data like crime heatmaps, appreciation rates, income data, and even off-market deals with automatic skip-tracing, analyzers, sales comps, and rent comps. 

I put three prong outlets in and tested them but the failed.

Off the cuff, FHA can be difficult with appraisals, sellers willingness, self-sufficiency test, life time PMI, & FHA premium.

Looking for guidance on where to find data for projecting revenue.

I am sure there are a number of questions I am not even addressing so happy to provide amplifying data if I am missing something, but I figured this was a good spot.

REDX and Vulcan7 can get you solid data.

A study by Geraci LLP, analyzing data from 125 lending companies, shows that the private lending industry performed significantly better in the first four months of 2024 compared to the same period in 2023.When it comes to short-term loans—like fix-and-flip, construction, and bridge loans—there was a notable increase in production from 2023 to 2024.

I feel like I usually know the answer but need a sounding board like BiggerPockets to test my thoughts out!