The market is bustling, and opportunities are ripe for the picking.Townhomes & Condos: Steady Climb with Exciting ProspectsNow, let’s turn our attention to the dynamic townhome and condo sector:Closed Sales: A modest but promising 2.4% increase in closed sales, rising from 1,311 to 1,342.

This indicates strong investor confidence in the condo and townhome sectors.Median Sale Price: Prices climbed to $444,000, reflecting a 7.0% increase.Dollar Volume: The dollar volume skyrocketed by 27.5% to over $1 billion, showing significant investment and buyer interest.List Price Success: Sellers received 95% of their original asking prices, a slight dip from last year but still strong.Speed of Sales: The market saw a longer median time to contract at 46 days (a 24.3% increase) and a median time to sales at 85 days (a 13.3% increase).

However, the median sale price climbed by 12.2% to $340,000, showcasing the strong value these properties hold.Despite the slight decline in sales, the 12.2% increase in median sale price and the 4.8% rise in cash transactions demonstrate ongoing confidence in this market segment.

Thank you @Joyce Beck... unfortunately with this forum we cant post any websites or any specifics for our projects.. so we wont be able to get any real help of advice for our specific needs... as I was hopingIts been a challenging climb I tell you on this level of Project... and Yes I keep forging ahead with Gods leading, guidance and strength.. step by step.Most are fascinated at how far I have come and now need to find additional investors to get to the next level... constructionI have permits and everything nowI even have a SBA approval but we are over the $5M limit so need Bridge financing to close the GAP of $2.7MI have come too far to stop now... 

Securing a rental property is an exciting venture, but gathering the down payment can feel like a mountain to climb.

Above that income level the rate climbs to 20 percent.But ultimately it’s  personal decision, loaded with plus and minuses. let us know what you decide to do!

1. layoff has no impact to vacation market/STR2. interest rate climbing has no impact to STRWhy.This:1.

You are just as likely to have the rates climb while you wait on this subpar company as you are to get a better deal.

The vacant unit count climbed.

However, in the past two years with rates going up and the housing prices climbing in our area, even if we do the same process with buying a home, fixing up the basement, renting, etc we'd be a lot closer to just breaking even come a few years time, if that.