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013 - May Market Update, Using Days On Market to Find Deals, & REI Meetup Notes
Manage episode 418306584 series 3551586
Το περιεχόμενο παρέχεται από το Kyle Reedstrom and Kyle ReedStrom. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Kyle Reedstrom and Kyle ReedStrom ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
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Summary
In this episode, Kyle discusses the May market conditions in Fargo, Moorhead, and West Fargo. He highlights the two different real estate markets within the area based on price points, properties priced at $350,000 and below are in high demand and experiencing a seller's market, while properties priced at $350,000 and above are seeing more stagnation and price reductions. Kyle emphasizes the importance of watching the days on market metric and how it can indicate negotiation power for buyers. He also shares the value of attending local real estate meetups to learn and network.
#Maymarketconditions #Fargo #Moorhead #WestFargo #sellersmarket #daysonmarket #REI
Chapters
00:00
May Market Conditions in Fargo, Moorhead, and West Fargo
02:05
The Two Market Market: $350,000 and Below vs. $350,000 and Above
05:22
The Importance of Watching the Days on Market Metric
09:41
Negotiation Power in the Market
14:01
The Value of Local Real Estate Meetups
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