Listing Spark
JUNE 7, 2024
These steeper interest rates make it harder to buy homes and place them in the right bracket for easy flips. During the past three to four years, housing construction has slowed to a virtual standstill. Not being able to secure an affordable loan will hold back many flippers who can’t buy homes outright.
Houston Properties
JANUARY 13, 2021
For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Typically, new construction homes come with a higher purchase premium, and repair and maintenance require too much investment. 2016: #1 Individual Agent, Keller Williams, Texas.
Portland Appraisal Blog
JULY 20, 2019
This is reflected in the age histogram showing most of the homes falling in the 91-97 years bracket. New/newer constructions in Ladd’s addition is nearly unheard of. 2016-2018 averaged 20 sales per year. Most properties within Ladd’s Addition were built around 1900-1930. Bathroom Count.
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