In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.Summary: An increase in listings indicates a rise in supply year over year.

@Susan Kang what is drawing you specifically to these two markets as compared to other great markets in the mid-west?

Hey John, properties that have been on the market for more than 30 days typically start receiving offers below the asking price, as buyers often perceive them as having room for negotiation.

The same goes for coastal markets. 

Now I spend my time making sure new investors entering the market do not make the same mistakes my wife and I made. 

Columbus is a great rental market and we have a ton of opportunities here.

Regarding vacancy periods, you'll need to understand, Days On Market (DOM) - or find a great PMC that understands and can explain it to you.

So it takes comprehensive knowledge of the market trends, zoning laws, the local municipalities approval process, survey cost, subsoil conditions, irrigation requirements, development cost, utilities (gas, power and internet), city water or well water, city sewer or POSW to name just a few...A builder developed the farm field next to our SD, bought it for $1.5M and wanted to build 25 homes as a conservancy subdivision.

The Detroit market is cheap and on fire right now.

As far as which market, I'll leave that to realtors and investors in Florida.