That represents an increase of 10.3 percent;-Total dollar volume for full-year 2021 rose 28.2 percent to a record-setting $40 billion;-December single-family home sales declined 4.5 percent year-over-year with 9,272 units sold;-Total December property sales fell 1.9 percent to 11,432 units;-Total dollar volume for December rose 12.4 percent to $4.3 billion;-At $319,000, the single-family home median price rose 17.2 percent to an all-time high;-The single-family home average price climbed 13.5 percent to the second highest in history, $392,449;-Single-family homes months of inventory narrowed to a 1.4-months supply;-Townhome/condominium sales ended a strong year with a 21.5 percent year-over-year jump in volume, the average price up 13.8 percent to $258,139 and the median price up 20.9 percent to $220,000;-Leases of single-family homes rose 5.9 percent with average rent up 7.5 percent to $2,042;-Leases of townhomes/condominiums fell 23.0 percent with average rent up 5.5 percent to $1,731.

We have been lucky to find the occasional deal that give us $500-$800/month cash flow on a single family home, but most are closer to the $300/month on average.  

Each door cashflows $300 as an average.

In my 30 years, I have seen where franchisor’s have deals where you may have reduced or no royalties for a period of time or until a certain weekly sales average are met - but not often.  

HistoryQuestion: on average, excluding 2008, how much does the housing market drop in value during a recession?

Nearby comps average $185,000 lowest being 170k.

Nearby comps average $185,000 lowest being 170k.

Post construction appraisals for this particular model are in the $377k range on average.

Nearby comps average $185,000 lowest being 170k.

We are trying to rent one of the two units in south Seattle near Beacon hill. How long does it typically take for these units to get rented in Seattle during this time of the year?