. 🔄 Unchanged is the name of the game!

The pref PERCENTAGE RATE RETURN remains unchanged. 

The FED left interest rates unchanged today and indicated that they are likely to begin cutting several times in the coming year. 

So it is an industrial park with a lot of room for future development but as it stands, it currently takes in about $10,000 in gross rents every month and if someone were to pay cash for it and collect the rents (many unchanged since 2013!)

That is unchanged when you empty the bank account and pay off the mortgage.

With 36 percent expecting mortgage rates to remain unchanged, the net share of consumers who think mortgage rates will go down climbed to 0 percent, up from -40 percent in February.With the share of consumers who think home prices will go up in the next 12 months falling from 41 percent in November to 39 percent in December, and 36 percent expecting them to remain unchanged, the net share of consumers expecting home prices to go up fell 2 percentage points, to 15 percent.Better conditions for buyers usually mean worsening conditions for sellers.

Just this hour the Fed announced the results of its meeting of the Federal Reserve Board, where they kept Federal Funds rates unchanged.

Traditional banks/credit unions have remained largely unchanged. 

Total dollar volume for full-year 2023 fell 12.6 percent to $40B;December single-family home sales fell 6.2 percent year-over-year with 6,103 units sold;Total December property sales declined 4.9 percent to 7,395 units;Total dollar volume for December fell 3.7 percent to $2.9B;At $330,000, the single-family home median price was unchanged;The single-family home average price was also unchanged at $407,817;Single-family homes months of inventory expanded to a 3.3-months supply;The townhome/condominium market experienced declining sales throughout 2023, and in December, volume fell 7.0 percent with the average price up 6.7 percent to $258,137 and the median price down 9.3 percent to $235,000;Townhome/condominium inventory grew from a 2.0-months supply to 3.5 months.SOURCE HAR

Unemployment unchanged at 3.7%.