Sharon Tzib
Houston Housing Stats March, 2020
8 April 2020 | 0 replies
pid=1714Houston Real Estate Highlights in March:-Single-family home sales rose 8.2 percent year-over-year, with 7,566 units sold, marking the ninth consecutive month of positive sales;-The Days on Market (DOM) figure for single-family homes was unchanged at 65 days;-Total property sales rose 6.9 percent, with 8,965 units sold;-Total dollar volume jumped 11.0 percent to more than $2.6 billion;-The single-family home median price rose 4.1 percent to $249,900, reaching a March high;-The single-family home average price climbed 3.8 percent to a March high of $309,785;Single-family homes months of inventory was at a 3.5-months supply, down from 3.8 months last March but above the national inventory level of 3.1 months;-Townhome/condominium sales declined 0.5 percent, with the average price up 6.0 percent to $224,038 and the median price up 4.6 percent to $183,000;-Lease properties experienced a mixed performance, as single-family home rentals increased 1.2 percent with the average rent up 2.4 percent to $1,788;-Volume of townhome/condominium leases fell 9.7 percent with the average rent up 4.2 percent to $1,604.
Jhoana Olarte
CORONAVIRUS SHOWS LITTLE MEASURABLE EFFECT ON HOUSTON’S MARCH
24 April 2020 | 1 reply
Single-family home sales rose 8.2 percent year-over-year, with 7,566 units sold, marking the ninth consecutive month of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 65 days;Total property sales rose 6.9 percent, with 8,965 units sold;Total dollar volume jumped 11.0 percent to more than $2.6 billion;The single-family home median price rose 4.1 percent to $249,900, reaching a March high;The single-family home average price climbed 3.8 percent to a March high of $309,785;Single-family homes months of inventory was at a 3.5-months supply, down from 3.8 months last March but above the national inventory level of 3.1 months;Townhome/condominium sales declined 0.5 percent, with the average price up 6.0 percent to $224,038 and the median price up 4.6 percent to $183,000;Lease properties experienced a mixed performance, as single-family home rentals increased 1.2 percent with the average rent up 2.4 percent to $1,788;Volume of townhome/condominium leases fell 9.7 percent with the average rent up 4.2 percent to $1,604.
Victor Alonso
Apartment in the heart of tourist zone great for Airbnb
12 April 2020 | 4 replies
Purchase price: $205,000 Cash invested: $205,000 Sale price: $285,000 Condominium Da Vinci 1131 Ashford Avenue apartment 203, San Juan, PR 00907.
David J.
Unfair madness! Landlords getting hosed.
24 August 2022 | 166 replies
—The term ‘‘Federally backed mortgage loan’’ includes any loan which is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1- to 4 familiesIN GENERAL.
Kevin Padula
Rental Property Investment & Eventual Retirement Property
22 April 2020 | 1 reply
Hello,My girlfriend and I (25 & 28 years old) are looking to purchase a 2B2B condominium in the next year or two so that we can live it in for 3-5 years until we purchase a house to raise our family in (more info below on the purchasing details).
Sharon Tzib
Houston Housing Stats May 2020
15 June 2020 | 0 replies
https://www.har.com/content/newsroom/Houston Real Estate Highlights in May:-Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;-The Days on Market (DOM) figure for single-family homes grew from 54 to 58 days;-Total property sales dropped 20.7 percent, with 7,917 units sold;-Total dollar volume dove 25.9 percent to $2.23 billion;-The single-family home average price fell 7.4 percent to $298,199, the first decline since January 2018;-The single-family home median price was statistically flat at $249,000;-Single-family homes months of inventory was at a 3.5-months supply, down from 4.1 months last May and below the national inventory level of 4.1 months;-Townhome/condominium sales dropped 36.0 percent, with the average price down 2.3 percent to $206,146 and the median price up 2.9 percent to $175,000;-Single-family home rentals jumped 11.9 percent with the average rent down 2.8 percent to $1,822;-Volume of townhome/condominium leases fell 4.6 percent with the average rent down 4.6 percent to $1,586.
Amber Gonion
St. Paul follows Minneapolis lead in limiting landlord rights
18 June 2020 | 11 replies
Ch. 515B, or convert it to nonresidential use; provided that, the landlord must obtain a permit necessary to demolish or change the use before terminating any tenancy, or (ii) the landlord seeks, in good faith, to recover the unit to sell it in accordance with a condominium conversion, provided the landlord complies with the provisions of Minn.
Michael Duncan
How To Use The VA Condo Approval Site
16 June 2020 | 1 reply
I have used the list a few times to find approved condos, so I thought it would be useful to show some things I have learned.VA Condo Approval List Website-First thing I learned is to start by selecting the State and clicking "Submit"-At that point, you will see an alphabetized list of condominiums in that state-You can click the numbers at the bottom to move to other pages-Once you find the condo you're looking for, you can expand it to see if the condo is approved or not.
Erica Milano
1031 or Pay Taxes: Selling a Place During Pandemic
30 September 2020 | 4 replies
Hey All,I'm currently on the fence of selling my property during a pandemic and wanted to seek for advice.I purchased my condominium in California about 10 years ago.
Lloyd Segal
Economic Update (June 22, 2020)
2 July 2020 | 3 replies
The Southland Regional Association of Realtors reports that sales of single-family residences and condominiums plunged 51% in May, compared to 2019.