Listing Price Growth Continued to Plateau for the Third Consecutive Month, With Median Price of Single-Family Listings Down 1.9% Month-Over-Month Sale-to-List Price Ratio Continues to Benefit Sellers, But Has Fallen Slightly From Its Peak in June Competitive Market Environment Persists Amid...
Homes are also taking longer to sell, but prices are up 15% from a year ago Pending home sales rose 9%, the slowest growth since June 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. More home sellers have started slashing their...
Think of Nomad as Your Perfect Tenant After completing a successful venture capital raise, PJ O’Neil and Matt Thelen launched Nomad in Denver, Colorado, in 2020. Having been landlords themselves, O’Neil a “deliberate” landlord and Thelen an “accidental” landlord, they both knew of the potentially...
Learn to Speak the Investor Language by Scott Russell As a real estate professional, I have years of experience working with investors for both residential and commercial investment properties in Asheville, in particular. With moving patterns shifting due to the pandemic, investment properties are...
Condo Prices in Oceanfront Counties Commonly Surge 10 to 40 percent in Second Quarter of 2021 ATTOM, curator of the nation’s premier property database, released a special report looking at condominium sales and prices in oceanfront counties around the U.S. The report, following up on the June 2021...
Plenty of Signs Point to a Healthy Real Estate Market in 2022 by Andrew Oliverson If there is one word that explains the real estate-owned (REO) market over the last eighteen months, it’s “ambiguity.” Since March of 2020, protections have been in place for homeowners impacted by the COVID-19...
A Hot Market Still Heading Skyward by Carole VanSickle Ellis In Provo, Utah, the city motto is “Welcome Home.” However, homebuyers report, it is becoming increasingly difficult to actually get to the point of putting out the welcome mat in today’s extremely tight housing environment. Of...
Property Management Inc. Takes the Industry Bigger & Better by Carole VanSickle Ellis In 2008, there was not a household brand for property management. Steve Hart, CEO and founder of Property Management Inc. (PMI), and his team have spent the last 13 years changing that. “When we started,...
Investors Need to Outperform the Market by Rowland Hobbs For every real estate investor, a common challenge is trying to predict the difference between gross potential rent and the actual rent received at the end of the year. At the beginning of the year, in a building with 100 units that average...
