Housing Market 2020: Seattle, San Francisco, Nashville Market Reports (September 2020) | The Kwak Brothers

Housing Market 2020: Seattle, San Francisco, Nashville Market Reports (September 2020)

HELOC Strategy: Is it Still Worth It? (SERIOUS UPDATE)
September 29, 2020
How to Flip Homes: Going From $0 to $7,500,000 Profits
September 29, 2020
Show all

Housing Market 2020: Seattle, San Francisco, Nashville Market Reports (September 2020)

Welcome back to the housing market 2020 update and in this episode we are going to be looking at Seattle, San Francisco, & Nashville. I’ll be covering both people looking to buy a permanent residence AND people who are looking to invest in rental properties/fix and flips. Seattle has been a hot spot for political unrest in the past few months, with an autonomous zone being created, more and more people are looking to leave. Which could create some potential for the Seattle real estate market to not do so well. Seattle is like Los Angeles 2.0, with the Seattle real estate trends, a shack will cost you a fortune. Also the Seattle housing market for real estate investors is NOT ideal for people looking to invest in a new area. The housing market in 2020 has been a rollercoaster and that is not more apparent in San Francisco bay area. Bay area real estate has always been a very posh, expensive place to live, with big tech giants being there. BUT are prices going to fall because of the political unrest and homeless crisis in the San Francisco bay area? San Francisco real estate is VERY expensive. More and more people are moving to Nashville, Nashville has a AWESOME tax rate, prices of homes a inexpensive, and Nashville real estate is friendly to landlords. If you are looking to buy a home in Nashville, I’d give it a huge YES. Nashville real estate is very VERY cheap in comparison to the Seattle real estate market and the bay area real estate. More and more people are leaving places like Seattle and San Francisco, moving to places like Nashville. Okay, here is the Housing Market 2020 analysis 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. Seattle, WA Housing Market 2020 Analysis (September 2020) Avg. Price of Homes: $770K Days on Market: 8 Days 38.6% Homes sell above listing price Avg. Price of Rent: $2,100 2. San Francisco Bay Area, CA Housing Market 2020 Analysis (September 2020) Avg. Price of Homes: $1.45 Mil Days on Market: 27 Days 103.6% Homes sell above listing price Avg. Price of Rent: $3,357 3. Nashville, TN Housing Market 2020 Analysis (September 2020) Avg. Price of Homes: $299K Days on Market: 56 Days 98% Homes sell above listing price Avg. Price of Rent: $1,281 That has been the Housing Market 2020 breakdown for Thursday 9/24/2020 (September 2020)

Leave a Reply

Your email address will not be published. Required fields are marked *