))
Sales Down! Profits Up! 2 Minute Single Family House Investment Update 9/4/22
Manage episode 340185387 series 3365979
Kandungan disediakan oleh John Marion. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh John Marion atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
#022 - Sales Down! Profits Up! 2 Minute Single Family House Investment Update 9/4/22
Today is September 4, 2022
Have you heard that home sales are down?
Learn More: Schedule a call with John Marion
https://calendly.com/johnmarion/alpha-dog-capital-intro-call
If you see the headlines and listen to the sound bites, you have probably already heard that home sales are down. However, sound bites and headlines never paint the whole picture.
According to the National Association of REALTORS, there were over 3 months of inventory of homes for sale on the market in July. But here in the Atlanta market, there is only 2 months of available inventory.
The same report states that the number of homes sold is down by over 20%. This is a significant decrease in the number of home sales.
In the Atlanta area, the number of homes sold is down by 30% from one year ago! This is really significant.
But home prices are stable, remaining at their historical highs, here in the Atlanta area. Nationally, home prices are up 10% year over year.
Here in Cherokee County where Alpha Dog Capital is located, home prices are up 20% year over year.
While inflation, high mortgage interest rates, and increasing home prices have pushed many buyers out of the market, demand remains strong.
The average days on the market here is only 20 days.
The median days on the market is only 10 days! TEN DAYS!
So we are still in a solid Seller’s market in the Atlanta area even though the headlines you read and the sound bites you hear may give a very different impression!
So what is the opportunity to make profits in this market by fixing and flipping single family houses?
Here is the answer:
There are always fixer-upper houses available to be purchased. Always!
This is because houses deteriorate when they are not properly maintained.
And there are always home owners who are not able to properly maintain their home.
Or maybe they inherited a property with outdated features that just needs to be sold in an estate sale right away. Or a home damaged by storms or fire.
This is why there are always single family houses available that meet our investment criteria. Always!
Learn More: Schedule a call with John Marion
https://calendly.com/johnmarion/alpha-dog-capital-intro-call
----------------------------------------------------------
Alpha Dog Capital is located in Canton, GA. Our company buys real estate including raw land, lots, single family houses, townhouses, condos, and multi-family buildings.
We like buying distressed properties that are in need of updating and repairs and land development projects. We solve real estate problems for property owners.
Our investors provide funding for our company to buy real estate. For opportunities to participate with our company, contact John Marion.
Alpha Dog Capital
102 Overlook Cir, Suite A
Canton, GA 30115
Visit our website:
https://alphadogcapital.com/
35 episod
Kongsi
