- Investors accounted for 20 percent of total residential sales in April, down from 23 percent in February and 21 percent in March according to the Realtors® Confidence Index. Investors have reported that in many cases they can obtain a positive cash flow converting properties to rental units, or obtain a resale after making improvements.
- Realtors® have been reporting that the market is able to absorb the large number of distressed properties coming onto the market. In some regions Realtors® report that the market would clear additional properties if available. Approximately 68 percent of investors pay cash.
- Additional information on a variety of topics related to current residential market conditions may be found here.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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