article thumbnail

There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

article thumbnail

There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

I Need to Sell My House Fast in San Diego: What Are My Options?

HomeLight

Flippers and “ we buy houses ” companies will often look for houses that need renovation. Pros: Fast closing: A cash sale is significantly faster than a traditional mortgage-backed home purchase, often allowing you to close in as few as three to 10 days. Average days on market: 21 Average days on market: 29 + 38.1%

article thumbnail

Montgomery Alabama Housing Market: Prices & Trends 2022

Marco Santarelli

The average number of days on the market in the first quarter of 2022was 54, representing a decrease of 34.8% from 83 days on market in the first quarter of 2021. New Construction: The 60 new homes sold represented 11.3% increase from the first quarter of 2021's median sales price of $191,445.

article thumbnail

Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction. More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up.

article thumbnail

Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

New Listings are up by 10%. Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%. Points in favor of the Richmond VA real estate market included its intellectual and creative life, affordability, and quality of healthcare. Pending Sales are up by 35.4%.

Marketing 116
article thumbnail

Chicago Real Estate Market 2020 Overview

Marco Santarelli

On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.

Marketing 140