Jacopo Iasiello
🇺🇸❤️🇮🇹 South Florida Market Stats for Palm Beach for the Month of June 2024
23 July 2024 | 0 replies
Despite this small drop, the strong presence of cash buyers reflects continued confidence in the market.Median Sale Price: Prices held steady at $325,000, showing resilience in the condo and townhome market.Dollar Volume: The total dollar volume decreased by 30.2% to $462.39 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 92% of their original list prices, down from last year's 96%, indicating minor shifts in negotiating power.Median Time to Contract: The median time to contract increased by 76.9%, from 26 days to 46 days.
Jacopo Iasiello
🇺🇸❤️🇮🇹 South Florida Market Stats for Broward for the Month of June 2024
23 July 2024 | 0 replies
This stability shows resilience in the condo and townhome market.Dollar Volume: Dollar volume saw a 23.4% decrease to $406.02 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 94% of their original list prices, down from last year's 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 73.1%, from 26 days to 45 days.
Jacopo Iasiello
🇺🇸❤️🇮🇹 South Florida Market Stats for Miami-Dade for the Month of June 2024
23 July 2024 | 0 replies
Despite this drop, nearly half of transactions are still cash, showing continued confidence in the market.Median Sale Price: Prices held steady with a slight increase of 0.5%, reaching $420,000, showing resilience in the condo and townhome segment.Dollar Volume: Dollar volume decreased by 11.8% to $830.23 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 95% of their original list prices, a small dip from last year’s 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 56.3%, from 32 days to 50 days.
Derrek J Hooyman
What are factors to look at for properties/locations with the best appreciation?
23 July 2024 | 7 replies
Intel is building $20 billion plant here, Google is building data centers, and Amazon and Meta are buying hundreds of acres of land.
Sam P.
What cap rate do you all look for when investing in a duplex or multi-plex property?
22 July 2024 | 10 replies
I see the next couple of years as a great time to get into this historically resilient market!
Richie Thomas
Hazel Green- too far for commuters?
23 July 2024 | 27 replies
However, anyone commuting to west Huntsville/Madison/Toyota plant is not going to live in Hazel Green, as it will be a long commute in rush hour.
Rhyna Orillaneda
CA, Nevada, or Arizona?
22 July 2024 | 24 replies
Tesla is in the middle of building the Semi truck manufacturing plant.
Erik Stuer
RV Park/ Tiny Home Zoning Nube
19 July 2024 | 0 replies
The area I am targeting is a vacation destination that is rather seasonally resilient (working theory backed by decent to moderate research so far).If I can get past the zoning hurdle specific to mainly "wastewater" - referring to the collection of the toilet, shower, and sinks discharge - I want to purchase 10+ acres that allow me to scale to something quite significant in time.
Scott Trench
Investing in Blue States > Investing in Red States
25 July 2024 | 62 replies
San Francisco, and most of California, will always remain resilient in spite of the government and politics not because of them.
Julien Lorincz
Investing from overseas
19 July 2024 | 9 replies
Great place to buy because of Intel plant $20 billion; Google building 3 data centers; Amazon & Meta buying hundred acres of land!