With the newly started war in Israel and its potential impact on oil in the middle east, we are awaiting how the stock market and Fed will respond.Real Estate Update: Here's the latest real estate market report from Sept 2023 (single family homes):Mortgage Rates:30-year conventional rate today is 7.81%30-year VA rate today is 7.24% - Median Sales Price:August: $445,727September: $460,000- New Listings:August: 1,749September: 1,638- Median Days on Market Until Sale:August: 13September: 14- Months Supply of Inventory:August: 2.3September: 2.2 What does "Months Supply of Inventory" mean? 

Minimum credit score is 600No prior evictions, suitable past rent history and positive landlord referenceWe perform a credit check, criminal background check, employment verification and rental history verification on every applicant*This list and any information on this page is provided for informational purposes only, please refer to the latest application for the most up-to-date rules Rental History Criteria:At this property we require that the tenant(s) have 0 evictions on record.

We've bought properties in our area for new construction contingent upon getting variances/wetlands approval/etc....Our latest project was a potential teardown that we tied up for 4 months with a contingency concerning getting development approval given there are tidal wetlands on both sides of the property....You can definitely create a ton of value when you're able to rezone/subdivide/create building lots/etc but some of these processes can be very drawn out or near impossible to do - you're best bet is to do some investigative work and see what's feasible in your area.

I'm showing a unit right now and I'm noticing several applicants claiming that their current rental "changed ownership" and the new owner jacked up their rent hundreds of dollars and gave them a short deadline to respond.I have no doubt this is actually happening in some cases but it seems like it could be the latest deadbeat tenant excuse also.

Our latest project in the Pittsburgh Market was found in mid june, offered accepted late june, financing closed on it July 20th. 

@Shannon Robnett I'm not questioning other markets that could be even hotter than Austin, just stating our latest statistics directly from the Austin Board of Realtors.

“Unfortunately, it’s just the latest evolution of wire fraud that affects title companies, law firms, lenders, realtors, and home buyers and sellers.

Bureau of Labor Statistics said Thursday.The latest reading is a significant improvement on the Covid pandemic -era peak of 9.1%  in June 2022 — the highest rate since November 1981.

But I have stainless steal appliances, new kitchen, new cabinets, tiled floors and bathroom with the latest styles.

I just closed the sale of my latest flip yesterday.