11 June 2020 | 1 reply
Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;The Days on Market (DOM) figure for single-family homes grew from 54 to 58 days;Total property sales dropped 20.7 percent, with 7,917 units sold;Total dollar volume dove 25.9 percent to $2.23 billion;The single-family home average price fell 7.4 percent to $298,199, the first decline since January 2018;The single-family home median price was statistically flat at $249,000;Single-family homes months of inventory was at a 3.5-months supply, down from 4.1 months last May and below the national inventory level of 4.1 months;Townhome/condominium sales dropped 36.0 percent, with the average price down 2.3 percent to $206,146 and the median price up 2.9 percent to $175,000;Single-family home rentals jumped 11.9 percent with the average rent down 2.8 percent to $1,822;Volume of townhome/condominium leases fell 4.6 percent with the average rent down 4.6 percent to $1,586.Source: HAR
12 June 2020 | 14 replies
The average FSBO seller can't do it better than the average realtor, let alone an experienced top performer.
11 June 2020 | 0 replies
HelloPlease give me advice on my very first investment property.Property location: Austin, TXNeighborhood of the property: Has the fastest average growth in appreciation in metro Austin (2019: 12%, 2017: 24%)Purchase price: $215KType: Attached Duplex (700 SF Front + 1000 SF back)Lot: 7020 SFCondition: Fixer-upperEstimated total rent: at least $2K/mDown: 27%Loan 73%: short term (0% APR up to a year) from a very nice wealthy friend.
15 June 2020 | 5 replies
To add several other questions: - How often will the property be inspected each year- What is the PMs average turnaround time for vacancies
26 April 2020 | 6 replies
I found this link for you to check out current HELOC rates.https://www.valuepenguin.com/mortgages/average-home-equity-loan-rates
23 May 2020 | 5 replies
I told there that I am not marketing to the average home seller who has time for their property to sit on the market.
20 April 2020 | 2 replies
I'm curious if anyone might be able to answer this for me, but, in your experiences, what would be a typical, or, average interest rate a Seller Financed loan might be?
21 April 2020 | 3 replies
Average FICO score of 750.
20 April 2020 | 1 reply
What is the best city to buy rental property Now? And in 6-12 months from now
23 April 2020 | 9 replies
But I held my "finger on a trigger for too long" and in a state of fear-impairment never dove into REI ..allot was at stake OR so I thought.. posting to Victoria & Vancouver BC (extremely expensive real estate market), raising two small children on only one average family income (barely meeting the ends), demanding work (out of the area taskings, 24/7 duty)..