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28 September 2023 | 16 replies
With the pandemic, lots of people got dinged or outright damaged from the effects.
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11 October 2023 | 0 replies
pid=1983Houston Real Estate Highlights in September, 2023:-Single-family home sales fell 10.9 percent year-over-year, making September the 18th consecutive month of slowing sales volume;-Compared to September 2019, before the pandemic, sales were down 2.3 percent, and compared to September 2018, five years back, they were up 7.1 percent;-Days on Market (DOM) for single-family homes rose from 37 to 45 days;-Total property sales fell 9.5 percent with 8,550 units sold;-Total dollar volume dropped 9.6 percent to $3.3 billion;-The single-family median price fell 2.2 percent to $333,000;-The single-family average price rose 0.8 percent to $416,664; -Single-family home months of inventory registered a 3.5-months supply, up from 2.6 months a year earlier – the biggest supply since November 2019;-Townhome/condominium sales experienced their 16th straight monthly decline, falling 14.4 percent, with the median price up 2.2 percent to $224,250 and the average price up 0.3 percent to $257,909;-Compared to pre-pandemic 2019, townhome and condominium sales were down 5.2 percent.
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6 December 2021 | 9 replies
This was right at the beginning of the pandemic when people were scared about what was happening in the world and were not making big purchases in real estate.
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12 January 2023 | 14 replies
I acquired my first property in 2019 just before the pandemic.
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28 June 2022 | 27 replies
My saving grace is that it seems like cashflow will ride a lot on what occupancy and nightly rates will look like once the pandemic is over.
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17 April 2020 | 13 replies
Unfortunately I wasn't able to use Andrew's method - my title company botched the closing, and the lender I use with 90 days of seasoning stopped doing those kinds of loans with the pandemic/recession.
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13 October 2021 | 40 replies
I recognize in CA our hands were tied during the Pandemic restrictions.
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10 October 2023 | 23 replies
I have no idea what the $600 course is, but I can definitely say that buying Kiyosaki's "Rich Dad, Poor Dad", the "Cashflow 101" board game, and "On the Road with Robert Kiyosaki" were three of the best financial decisions I've ever made and have paid for themselves many times over.Then, coming across Bigger Pockets during coronavirus and realizing that money was about to be devalued in a major way was also a personal game changer.
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8 October 2023 | 20 replies
Another option is to try to market to traveling professionals like traveling nurses on a furnished medium term rental model but I have personally not had as much luck with this strategy this year compared with pandemic years.
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4 December 2020 | 8 replies
I am definitely feeling it as well, but 5 minutes before posting this I just got a last minute 2 week booking at one of my properties, and this just goes to show that you have to be prepared for a little bit of a slow down, but there will always be travelers that are looking to book last minute, especially this time of year and factoring in the coronavirus and other states having stricter lockdowns which contribute to their spontaneous decision to pack up and head for the southwest.George