Hi Michael,

.

Happy Thursday,

Five Thursdays in November means a bonus Market Report in your inbox, Let's Goo!

This week we dive into a little commercial as the Texas Quartley Commercial report was just released, and for residential Realtor.com Just last night came out with their year-end and next year projections and forecast.

VOGUE named Dripping Springs the Hottest Rural Town in America, and Round Rock might add up to 143,000 new homes to accommodate the expected growth!

Carpe Diem Investors, here is the opportunity

After doing so many more Investor deals this year when prices started falling, it was hard to miss the writing on the wall!

See what this is all about at the end of the email

According to Realtor.com's Projections, almost everything will be seeing a slight decline in 2024

• Prices - down -1.7%
• Inventory - down -14%
• Mortgage Rates - to 6.8%
• Rental Prices. - down -0.2%

The report mentions income is expected to catch up making affordability much better! This is great for Buyers, Investors, and Renters, but not too shabby for Sellers either with 14% less inventory and only 1.7% decline in prices.

Retail, Business,

Mix-Use & Office

Residential Income,

Multi-Fam & Apartment

Hotels, Warehouses,

Flex and Industrial

Land Dev, Site-Plan,

Agriculture & Other

The Texas Real Estate Research Center Offers a great in-depth quarterly report for Commercial real estate. The report just released highlights the trends across industries in the big 4 MSAs in the State.

The biggest takeaway is Texas employment growth, which is slightly above long-term trends, noticeable in Dallas-Fort Worth, then Houston, and San Antonio, but Not so much in Austin.

Multi-family construction activity is declining. Rising vacancies in Austin and San Antonio are quite the opposite of the stabilized levels in Dallas and Houston. A somewhat split real estate landscape in the Texas Multi-Family market as a whole.

The winter season is upon us, and we have a great window of opportunity for investors taking place in Austin right now...

1. Austin Med & Ave Sales prices 7%-10% below last year
2. Home Buyer demand lowest since 2012
3. Sellers panicking and taking lower offers
4. Slowest year for sales since 2012 and the Slowest time of the year annually

Check the Numbers We know the next 3 months are the perfect opportunity to get cash-flowing or as close to cash-flowing rentals in Austin as you might get for a long time. The Spring buying season may bring a world of change.

So my team and I are now combing through hundreds of properties a week and analyzing them for Investor opportunities, cherry-picking the top ones, validating rental potential, and sharing them with investors so they don't have to do the leg work.

We'll provide the offer price we recommend to start negotiations and get cash flows, write the offer, close the deal help you get it rented and managed (if needed). Shoot a msg and I'll add you to the list to get the spreadsheet, profiles and links every week.

Or Jump on our list instantly by >>> Clicking here <<<

CLICK HERE TO SEE THE MARKET REPORT ARCHIVE