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31 October 2024 | 0 replies
Total Active Listings: 2,349 (up 17% over last year)Total Pending Listings in the Last 7 Days: 248 (1% down from last year)Total Sold Listings in the Last 7 Days: 139 (1% down from last year)Average Days on Market: 40 (vs 36 last year)Average Sales Price: $359,167 (vs $335,323 last year)Number of Price Reductions in the Last 7 Days: 688 (vs 606 last year)Sales to List Price Ratio: 97.6 (vs 98.83 last year)Number of Expired Listings in the Last 7 Days: 152 (exactly the same as this time last year)Number of Agents: 8,518 (150 less than last year)Interest Rates: About 7% (vs 7.875% this time last year)Key takeaways: We're seeing more active listings and price reductions but less pending sales, resulting in a shift from a seller's market to a balanced market.
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4 November 2024 | 33 replies
On balance, I have found that appraisals I've had done tend to undervalue on purchases and come in right or overvalue on refi's.
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3 November 2024 | 15 replies
This means there are no checks and balances to ensure all your transactions are entered correctly.
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31 October 2024 | 4 replies
It sounds like you've got a great balance going.Feel free to dive into the forums, ask questions, and share your experiences.
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1 November 2024 | 19 replies
Hello, Steve Schmidt, selling a partial note can be a great way to generate some immediate cash flow while retaining ownership of the remaining note balance.
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31 October 2024 | 9 replies
Your initial post was unclear whether the water bill was $2k/month or if the balance was $2k because they weren't paying you for it.
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1 November 2024 | 8 replies
Here's shot, but I can't vouch for the color balance.
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8 November 2024 | 38 replies
If you're seeking a city with balanced occupancy that can support year-round demand, Tulsa might also be worth a closer look.
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31 October 2024 | 3 replies
Good chance they don't pay the owed amount, but you can probably also count it against their deposit and then send the balance to collections if they refuse to pay.
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1 November 2024 | 5 replies
It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.