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The greater Austin metro area spent April 2020 under an unprecedented shelter-in-place order in response to the COVID-19 pandemic. According to the Austin Board of REALTORS (ABoR), this led to a 33% decrease in closed...
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"Denver led the nation in fastest sales, with nearly half of its new listings going under contract in just six days. Seattle came in second at seven days, and Grand Rapids, Michigan; Portland, Oregon; and Omaha, Nebra...
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I created a couple of charts/matrices to illustrate the affect that rapid rise in interest rates had on monthly payments, which in turn affects affordability. I'm guessing many BP visitors don't raalize the real diffe...
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The Fed Funds Rate just bumped from 0.50% to 0.75%. Each market peak in history has been preceeded by a rapid upward trend in the Fed Funds Rate. How would you use this information to formulate your investment strat...
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July 2022 Housing Market Update for Austin, TX MSA
July 2022 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month and a 8% i...
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November 2021 Market Update for Austin, TX MSA
November 2021 statistics have been released for the Central Texas Housing market. There was a slight increase from the preceding month and a 29% increase from the preced...
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Whenever someone asks me what I think of the market I love referring to this slide/data.
Honestly I don’t know what the market is going to do. Anyone that tells you otherwise is either lying to you or to themselves....
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Just got back from looking at a 4plex in a suburb of Chicago (nice neighborhood). Building is completely tenant occupied with 3-2bedrooms and 1-1bedroom, unit comes with new boiler, water tank and new coin operated wa...
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Need some help from some people in the know about Saint Petersburg. Feel free to chime in even if your not.
I'm under contract for a 9 unit building in St. Pete that I've crunched the numbers on. There is good pote...
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I began my journey in 2019 and started to aggressively search for properties to either hold, wholesale, quick flip.When covid started, I didn't let it faze me but had to take on other work and got distracted. But I'm...