Housing Market Update | Los Angeles Real Estate Market, Moving To Austin, & Charlotte Real Estate | The Kwak Brothers

Housing Market Update | Los Angeles Real Estate Market, Moving To Austin, & Charlotte Real Estate

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September 18, 2020
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Housing Market Update | Los Angeles Real Estate Market, Moving To Austin, & Charlotte Real Estate

Housing Market Update For Los Angeles, Housing Market Update for Austin, and Housing Market Update. Here it is guys, the moment you all have been waiting for, the housing market update analysis video. In this week’s video we’re going to be talking about the Los Angeles real estate market, moving to Austin, and Charlotte Housing Market. Within this video, I will be giving a letter grade to all of the cities in the commercial real estate & consumer real estate. Also, I will be sharing housing market update for real estate investors and those who are just buying a home. Los Angeles California, Austin Texas, and Charlotte North Carolina. Okay, here is the Housing Market Update for the specific cities that you’ve been asking for. We will conduct a vote on which areas we are going to cover on our Channel Community tab! 1. Los Angeles, CA Housing Market Update (August 2020) 1 out of 5 renters can’t pay Avg. Rent of $2716 a month Cap Rate: 4.55% – 5.26% Avg Listing Price: $991,045 Avg Market TIme: 51 Days Active Listings: 17,336 2. Austin, TX Housing Market Update Cap Rate: 4.6% – 6.02% Value Add Cap Rate: 6.4% Top 3 Fastest-Growing City in U.S. Avg. Listing Price: $512,550 (Travis County) Avg. Listing Price: $450,000 (Austin City) Avg. Market Time: 9 Days 37.6% of homes are being sold above asking price. 3. Charlotte, NC Housing Market Update Cap Rate: 6.21% Avg Rent: $1,397 (city) 5x Avg. Growth Rate Compared to the Average Cities Avg. Listing Price: $292,000 Avg. Purchase Price: $261,900 Avg. Market Time: 67 Days That has been the Housing Market Update for Thursday 9/18/2020

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