I was looking through some local mls data and D.C. proper is down 25% from the peak’s in June (725k vs 545k), Montgomery county is down 17% (620k vs 515k) not a shock to me, but still crazy to actually see in the data.
Every January, we release our outlook on what we believe is likely to happen in the coming year. This year is difficult because so many things are happening simultaneously worldwide.
I started this outlook in our Dec...
Higher prices and interest rates have dramatically shifted the mortgage capacity of buyers in recent months. The average new SFR sold for $360k in April 2020, according to Census Bureau data. In March 2022, that numbe...
Hi all. First-time investor here looking at single family homes and small multi-family in Vegas for buy and hold. I'm based out of state and interested in getting into Vegas during the potential downturn, as I'm bulli...
In some areas of the USA, it seems like the people interested in buying homes are disappearing. Perhaps too many have been taken in by the mortgage scams. Perhaps they have a friend that lost their home after 15 years...
Hi all, I am still fairly fresh and new to BP....but have searched for this answer and have not found it yet. This question is for anyone that has been a syndicate investor. It seems most syndicates have plans for s...
Hello All!
BTW, the Bigger Pockets community is amazing and thank you all in advance.
My wife and I are both active duty military and moving to Las Vegas in Feb. The housing market, like most places, is hitting ne...
Quick question so everyone is talking about waiting to buy real estate(since its technically in a bubble and the recession is coming); but what I'm realizing is its very hard to get a loan during a recession except fo...
I have heard many different opinions on the subject. Some people strongly believe that higher interest rates will have no effect on housing sales or prices. Others believe it will drive down demand and cause prices to...
I see EVERY realtor on IG/ TIK TOK/ whatever; saying it's going to get more expensive to buy a home if you wait. You are a pumper. The inventory problem has not corrected itself, so prices could continue to rise, and...