I’m up in Everett/Mill creek area and prices in my hood are falling. Every house selling bellow list. It seems the market finally hit a breaking point at these rates.
Certainly cooling a little. I think the other part is that listing prices are now higher than they were in the winter and early spring so it’s more common to see price reductions during the summer
@@McDonaldResidential True, the prices they were listed at were quite high. Investors are out of this market because the returns on rent are extremely negative. About 40% negative cashflow with 20% down.
![[#2024MAMA] G-DRAGON - 무제(Untitled, 2014)+POWER+HOME SWEET HOME+뱅뱅뱅+FANTASTIC BABY | Mnet 241123 방송](http://i.ytimg.com/vi/Ox29z5Nf1Uk/mqdefault.jpg)
I have been following since the beginning! I will just say I am glad not to be standing on a chair filming you anymore!!
lol yes you were filming the first one!!
I’m up in Everett/Mill creek area and prices in my hood are falling. Every house selling bellow list. It seems the market finally hit a breaking point at these rates.
Certainly cooling a little. I think the other part is that listing prices are now higher than they were in the winter and early spring so it’s more common to see price reductions during the summer
@@McDonaldResidential True, the prices they were listed at were quite high. Investors are out of this market because the returns on rent are extremely negative. About 40% negative cashflow with 20% down.
@@mylesgray3470 yeah the majority of buyers are owner occupying. You’d need to pay cash or put a huge downpayment down for cash flow on a rental
Great video! Keep up the awesome content 😀🎉
Appreciate it!
Been following 1 year, moving to Seattle in 2 yrs
Thanks for following!