I’d love to connect and chat about the market and opportunities we’re seeing.

I estimate the market value to be 320k.

Hey everyone, I was researching financial and real estate podcasts aside from bigger pockets that discuss the market condition in the US (and maybe the world).

Look at their marketing strategy.

What are the rates for the surrounding market?

pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.

Pocket listings are basically off-market deals - Properties that are available for sale but are not listed on the MLS.

And, as it relates to your plan, you probably know the optics of your market better than I, but I find that five unit properties are often slightly less desirable than four unit properties, simply because buyers can no longer use conventional financing for five units.

My real estate agent brought it to me as an off market deal.

In July, the U.S. apartment market witnessed a slight uptick in rent growth, reflecting robust demand that has persisted throughout the summer.