Market Trend
There are so many websites provide the Real Estate Market Trend. The best way is to find what are the sold price and asking price of your neighbors houses and other houses similar To yours. Here are some good ones:
What is the current market value of your home?
Let’s find out in ValueMap
To see what your neighbors selling for?
Let’s see Realtor.com
Overview of housing market last month?
Read: HousingMarket
The forecast of housing market?
Watch: HousingMarketForcast
What is the most up-to-date on economy and housing market?
Get a quick look: marketAnalysis
Want to listen to podcast?
Let’s listen: MarketPodcast
Like to read market matters?
We got newsletter: MarketMatters
Investing Real Estate
When you live in one house, and collect incomes from real properties which could be farm, ranch, apartment, single house, commercial building you are a real estate investor. All investors want to have net profits and good cash flow. Do this simple chart before you make investment.
$$$ OUT
1.Downpayment
2.Mortgage payment
3.Maintenance
4.Tax
5.Insurance
6.Managing fee
7.Before sell – preparation cost
8.For sell – listing fee, vacancy
9.After sell – capital gain tax
$$$ IN
- Monthly rent incomes OR
- Annual crop sales OR
- Incomes from booking if you run the house as AirBnB
- Net profit from selling the house
Comparable
Too much work to decide what is the best asking price to sell?
Allow me to help! I can provide Free Comparable of your house
- Comparable is not the licensed appraiser’s report
- It is for your reference and you have to make final decision
What is in Comparable?
- Sold prices in last 3-6 months
- Within 1 or 5 miles of target .. Depends on density of area
- What is on current market
**I serve these areas: Redwood Valley, Ukiah, Cloverdale,
north & east Santa Rosa