Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.

Have you put any properties under contract?

If you had $100,000 to spend on properties, you could buy 1 property for $100,000, or you could borrow and put 25% down on 4 - $100,000 properties.  

in summary, be careful when closing on 7 properties.  

One of my coworkers does a lot of private lending similar to this and he always goes to a title agent in the area of the property and asks for the title's legal department to draft up legal loan documents. 

The PM then has to contact them, provide information, and eventually get the property listed again.

I've had a property insured with American Modern for a number of years. 

From there I look how many days it's been listed and how many contacts the property has received. 

I think most properties go through 1-2 a year.

Particularly around the Springfield Town Center, where 2 million square feet of commercial space and thousands of residential units are in the works by property owner Pennsylvania Real Estate Investment Trust (PREIT), to be delivered by 2026.Below I will go into the reasons why Springfield Virginia real estate market has strong potential for future growth in the coming yearsSpringfield Town Center is Approved to add 2 million Square Feet of Commercial Space and Thousands of Residential Units, Coming in 2026Although many malls suffered greatly during COVID-19, certain malls have begun to make a comeback, such as the Springfield Town Center, which not only is at pre-pandemic levels of visitors and retail vacancy of 4%, but the average time of visit has increased for the mall.