While still technically in slight seller’s market territory, inventory is well above extreme lows seen in recent years when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed mortgage is sitting around 7.3% interest, which is the highest it has been in 2024 thus far:In addition to interest rates increasing the cost of real estate ownership, buyers are facing increased insurance premiums, maintenance costs, and rising property taxes.

High interest rates make the costs of the construction loans very high (~10% at a bank) and with mortgage rates so high, there is little buyers out there which could lead to long holding times.  

You can decrease costs by picking nice but standard finishes. 

Thought about life estate but really unclear if addressing rent rate or rate index or something is a move people do.

The Internal Rate of Return needs to be your holy grail.1.

The best part of it is that they offer my tenants an Auto-pay option, which has greatly decreased the amount of late payments I receive.

In those areas the rates you quoted are normal.

Hi,I'm looking for landlord insurance for a couple rental properties (SFHs) in NorCal (Manteca, Tracy, Lathrop area), and was looking for good investor-friendly providers at competitive rates.

Dayton has more cash flow - and Columbus has a higher predicted appreciation rate 

Hi all,I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already exist) and rent it out to tenants and make a dent in the mortgage payment given this high interest rate environment.