
13 May 2021 | 3 replies
Single-family home sales increased for the eleventh consecutive month, up a dramatic 47.4 percent year-over-year with 9,105 units sold;The Days on Market (DOM) figure for single-family homes dropped from 58 to 40;Total property sales rose 58.3 percent with 11,348 units sold;Total dollar volume increased 85.9 percent to about $4.0 billion;The single-family average price reached a record high, rising 20.0 percent to $371,854; The single-family median price climbed 17.6 percent to $295,000 – also a record high; Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.4 months year-over-year and below the national inventory of 2.1 months;On a year-to-date basis, single-family homes sales are running 24.4 percent ahead of 2020’s record pace.Townhome/condominium sales shot up 112.7 percent and reached record-level pricing with the average price up 8.8 percent to $246,940 and the median price up 11.0 percent to $200,000;Single-family home rentals fell 3.4 percent with the average rent up 11.0 percent to $1,960; Townhome/condominium leases rose 15.1 percent with the average rent up 8.0 percent to $1,688.HAR

13 May 2021 | 5 replies
Its not like there is a plethora of places for them to pick from to live with inventory so low.

13 May 2021 | 2 replies
If your partner ever what's to wholesale any of the deals he finds, I would be interested in looking at them for myself or my clients 👍🏻 Find cheap inventory in today's market is no easy task!

18 May 2021 | 19 replies
They are also known to mismanage money, which can result in huge assessments for common area improvements.

12 May 2021 | 1 reply
I got a mailer from NRIA.org offering siding/roofing/ window etc. replacement under government grants. Anyone ever dealt with this/ had work provided by them? Do they work with RE investors?

12 May 2021 | 0 replies
The hotel has historically done well and I think we can improve just by better management as my wife has managed a larger more aggressive hotel.

18 May 2021 | 14 replies
It's really all about your team and constantly improving your assumptions.

3 June 2021 | 3 replies
I hired a licensed Colorado surveying company to complete two Improvement Survey Plats two separate, adjacent fourplex's located in Evergreen CO.

14 May 2021 | 10 replies
You can offer a longer term lease, offer to make improvements to the property etc in exchange for flexibility in the lease terms to allow you to sublease.

13 May 2021 | 15 replies
I understand there is a lack of inventory, but how do you make sense of these numbers for a viable deal?