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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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12 February 2025 | 15 replies
I think you're missing another point-- if rates increase.
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18 February 2025 | 5 replies
180 SlipsFuel DocksYacht ClubShowersBy improving facilities I’d imagine slip rentals can be increased.
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18 February 2025 | 2 replies
To increase views, go into your listing periodically and lower the daily rate for the week or two after you have an expected vacancy, but increase the nightly rate after those two weeks so that you are still getting your target monthly rent.
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19 February 2025 | 3 replies
But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.
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17 February 2025 | 7 replies
They will ALL try to up your rates, but you can usually mitigate the amount of the increase with a new 4-point and a call to your agent.If my carrier changes because my agent found a better deal, they typically want to come inspect.
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19 February 2025 | 7 replies
@Hector Surratt Sosa This is a market that we are seeing increasing interest in here in 2025 as well.
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19 February 2025 | 2 replies
@Dexter Florendo Kalai AspacioBuy in the right location where people want to live and rents will continually increase.
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10 February 2025 | 1 reply
•If CPI remains high (3.4% or above): Mortgage rates are likely to stay at current levels or even increase slightly as the Fed remains restrictive.
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17 February 2025 | 2 replies
Washington, DC Real Estate Market Update: January 2025📊 Market Trends:New Listings: Increased by 135 units (14.49%) compared to January 2024.Listed Median Price: Rose by $25,000 (4%) to $650,000.Units Sold: Went up by 87 units (23.58%) from last year.Sold Median Price: Decreased by $54,000 (8.93%) to $551,000.🏠 Mortgage Rates:January 2025: 30-Year FRM: 6.93%, 15-Year FRM: 6.14%January 2024: 30-Year FRM: 6.62%, 15-Year FRM: 5.89%Summary: The increase in new listings indicates a rise in supply year-over-year.