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22 August 2024 | 0 replies
Median Price: $678,500, +6.02% Yoy.Closed Sales: 4,216, -11.89% Yoy.YTD Closed Sales: 21,325, +1.38% Yoy.12 Month Closed Sales: 38,118, -8.70 Yoy.Inventory: 6,035, +31.62% Yoy.YTD inventory: 33,454, -1.59% Yoy.New Listings: 4,349, +10.77% Yoy.YTD New Listings: 29,789, +8.16% Yoy.Months Supply: 1.8, +38.46% Yoy.Cumulative Days on Market: 29, +3.57% Yoy.Existing Home Inventory as a Percent of Households: 0.22%.
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22 August 2024 | 6 replies
But my favorites are MI and IN, because there is decent supply, they are reasonably easy to work in, and I already have good teams established there.
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22 August 2024 | 9 replies
If supplying a washer/dryer is pretty standard in your area (seems like it is in many TX markets, but not mine in CA) then I would add it, but make sure the rent reflects it.No furnishings supplied unless its a STR
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25 August 2024 | 61 replies
It's called PEX not Plex.If you are totally replacing the water supply plumbing, unless local code prohibits it I would say to use PEX.
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26 August 2024 | 44 replies
Roof and attic insulation are key factors in controlling the heat load.Commercial HVAC sizing is based on that plus the addition of heat from air supplied from the outside to replace "stale" air indoors - local ordinances often require specified amounts of air replacement - in an occupied space and also from the number and activity of individuals expected to occupy that space.
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22 August 2024 | 0 replies
This supply constraint, coupled with steady demand, is expected to drive rent growth in the coming months.Capital Markets and Valuations: U.S. multifamily transaction volumes reached $38 billion in Q2, signaling a thaw in capital markets.
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28 August 2024 | 39 replies
The short list of areas that are good are the ones that are very expensive with very little supply compared to demand.
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21 August 2024 | 4 replies
Plenty of areas of FL have seen record levels of new supply hit the market which has impacted rental rates, either making it flat for the past 1-2 years or even dropping some.
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22 August 2024 | 11 replies
Rents will gradually increase as some landlords exit the market with high end condos seeing less rent increases due to excess supply from new construction.
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23 August 2024 | 12 replies
As far as you supplying the equipment and just having someone install it .