Marco Santarelli

JANUARY 25, 2023

Recessions in the real estate market can also cause a decline in the value of commercial buildings because tenants may find it difficult to keep paying the rent. Property values may plummet and commercial real estate may become less in demand as a result. Here are some strategies for investing in real estate during a recession.

Commercial 52

Commercial Construction Short sale Agents 52

Real Trends

JANUARY 25, 2023

It’s also important to note that luxury home sales are just as uncertain as any other type of home. At the end of 2022, sales of the most expensive homes fell more than 38% — the sharpest drop in history. Once the bank takes ownership, its goal is to recoup as much of its loss as possible.

Homeowner’s association 75

Homeowner’s association Finance Agents Short sale 75

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. Miami-Dade County total home sales surged 30.6% year-over-year in August 2021, from 2,527 sales to 3,299. Miami-Dade County total home sales surged 30.6% 1 overall sales month in Miami history.

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

HomeLight

APRIL 29, 2021

In some circumstances, evicting a tenant may be necessary to secure a sale. According to a recent survey from CBRE, an American commercial real estate services and investment firm, the average cap rate for North American multi-family properties ranges from 5.20% to 5.49%. With this data ready to go, you can fast-track your sale.

Investor 109

Investor Purchase and sale agreement Agents Commercial 109

Marco Santarelli

SEPTEMBER 21, 2021

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The total residential sales in the state recorded a decine of -18.12% year-over-year, from 15,696 to 12,852 sales. since last year. since last year.

Marketing 111

Marketing Investor Residential Sales 111

Marco Santarelli

NOVEMBER 27, 2021

Bakersfield real estate market trends indicate a decrease of $5,000 (-2%) in median home sales and a -1% drop in median rent per month over the past year. Trulia has 1,445 resale and new homes for sale in Bakersfield, CA, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

Marketing 97

Marketing Investor Sales As-is 97

Marco Santarelli

MARCH 15, 2021

It means that the demand from buyers is exceeding the current supply of homes for sale. The Philadelphia Metro saw a February record of 5,040 homes sold, as the median sales price rose by nearly $30K. Townhome unit sales volume (2,095) rose 22%. Delaware County reported a 37% jump in townhome sale activity.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 7, 2020

After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. In July, the total closed sales amounted to 3,679, up 1.4% The median sales price in Orlando for all home types sold in July was $270,000, which marked a 9.2% from June 2020.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

McKissock

JULY 21, 2021

If it’s going to be a mortgage, and the prospect hasn’t talked to a lender yet, that’ll be our next step: go to a bank see what products they offer. A prospective client might have recently had to short-sell a home to get out of an underwater mortgage; in some cases, they may have gone through a foreclosure. Article by Joseph Dobrian.

Purchase and sale agreement 52

Purchase and sale agreement Finance Mortgages Agents 52

HomeLight

JULY 31, 2021

Plus, capital gains taxes are lower on properties than they are on other investments, and you can often defer paying capital gains taxes if you reinvest the proceeds from the sale of one property into buying another. You don’t need to have millions in the bank to invest in real estate. You don’t need to invest much upfront.

Investor 90

Investor Equity Renovation Mortgages 90

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% Now the market is facing a shortage of homes for sale.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135