The two-day FOMC meeting is starting today, and most estimates predict 75 bps hike to be announced on Wednesday, with a small outside chance that 100 bps happens instead. While most expect this, some are still looking...
For most real estate investors who have been chasing foreclosures, the good deals are getting harder and harder to find. I posted a discussion recently regarding the competition that’s occurring in most markets in the...
I own mostly SFH in Southern California. Market value has changed on many of them since I bought them and my return on equity is pretty dismal. We are starting to debate if we should sell some of them to generate ca...
Real Estate Update
Some data points for March 2023 Median Sales Price: $430,000
New Listings: 2,298 (down 29% compared to March last year)
Days on Market Until Sale: 29
Months Supply...
I am new to wholesaling and am about to make my first order of signs and leads. Today, I spoke with the host of the local REI club, who is a realtor, and he all but told me not to bother. He said that our area has b...
I'm contemplating buying some <$100K SFR rentals in Phoenix. Any thoughts on the market in the near future?
I posted a similar market update for the Phoenix area market earlier in the year, which seemed to add value to those interested in diving into the market. Some highlights from my perspective while working with invest...
In the March 2017 "Kansas City Regional Association of Realtors Existing Home Market Overview", the closed sales dropped by 0.8%. The drop is not because the market is soft. No, it is because there is no inventory.The...
Hello everyone, I am new investor in the Los Angeles County area and I have a couple of quick questions. Your help is greatly appreciated.1. How to do analysis the market properly to determine what strategies to use?2...
I compiled this for my database this morning and thought y'all might benefit from the data. The market has exhibited a mix of seasonal patterns and broader economic influences. The median sales price saw an increase o...