Embed Size (px)
Citation preview
KRIS ANDERSON CIAS, CDPE, SFR, ABR, CLHMS, RECS, CMRS, IRES, AREA
Presented by:
An Overview of Real Estate Marketsin Arizona, Nevada, California, and Florida
Phoenix, Arizona
• # of Homes for Sale: 15,206
• # of Condos for Sale: 1,767
• # of Homes Under $200,000: 2,680
• Average Sale Price (single family): $165,000
• Average Sale Price (condo): $100,000
• Days on Market to SELL: 21
• % of Distressed Homes for Sale: 14%
• % of Distressed Homes Sold: 44%
• Average Closing Costs – Cash: $1,762
• Average Closing Costs – Loan: $4,570
• Property Taxes for $200,000: $1,650
• Home Insurance on $200,000: $600-800
• Property Management Fee: ½ of month rent + 8% of gross rents
• Average Rental Price Non Seasonal: $0.78-1.00/sq.ft.
• Average Rental Price Season/Furnished: $1.50-2.00 sq.ft.
Phoenix, AZ
Las Vegas, Nevada
• # of Homes for Sale: 4,040
• # of Condos for Sale: 849
• Average Sale Price (single family): $124,000
• Average Sale Price (condo): $78,000
• Days on Market to SELL: 32
• % of Distressed Homes for Sale: 27%
• % of Distressed Homes Sold: 55%
• Average Closing Costs – Cash: 1% of sale price
• Average Closing Costs – Loan: 2-3% of sale price
• Home Insurance on $200,000: $600-800
• Property Management Fee: $250-400 set up and 8-10% gross rent
• Average Rental Price Non Seasonal: $1,800/month
• Average Rental Price Season/Furnished: on strip 50/50 split, use for hotel overflow
Las Vegas, NV
Palm Springs, California
• # of Homes for Sale: 3,193
• Average Sale Price (single family): $312,000
• Average Sale Price (condo): $203,000
• Days on Market to SELL: 108
• % of Distressed Homes for Sale: 14%
• % of Distressed Homes Sold: 30%
• Average Closing Costs – $300k Cash: $1,200 – 1,500
• Average Closing Costs – $300k Loan: $5,200 – 6,500
• Property Taxes for $200,000: 1.25% of sale price
• Home Insurance on $200,000: $850-1100
• Property Management Fee: 10-30% of rents received
• Average Rental Price Non Seasonal: $1,842
• Average Rental Price Season/Furnished: $4,264
Palm Springs, CA
San Diego, California
• # of Homes for Sale: 1,777
• # of Condos for Sale: 509
• Average Sale Price (single family): $404,500
• Days on Market to SELL: 42
• % of Distressed Homes for Sale: 14.70%
• % of Distressed Homes Sold: 19%
• Average Closing Costs – $300k Cash: $2,500 – 3,000
• Average Closing Costs – $300k Loan: $8,500
• Property Taxes for $300,000: $340/month
• Home Insurance on $200,000: $900
• Property Management Fee: 6-8% of rents received
• Average Rental Price Non Seasonal: $1,000-1,300/month (1 bdrm)
• Average Rental Price Season/Furnished: $1,000-1,300/week (1 bdrm)
San Diego, CA
Orlando, Florida (central)
• # of Homes for Sale: 9,364
• Average Sale Price (single family): $162,201
• Days on Market to SELL: 82
• % of Distressed Homes for Sale: 58%
• % of Distressed Homes Sold: 54%
• Average Closing Costs – $300k Cash: $4,395
• Average Closing Costs – $300k Loan: $8,395
• Property Taxes for $200,000: $3,500
• Home Insurance on $200,000: $1,300
• Property Management Fee: 80-100% of 1 mos rent and 8% gross
• Average Rental Price Non Seasonal: $129/night
• Average Rental Price Season/Furnished: $179/night
Orlando, FL
Interested in Investing?
It’s as easy as 1-2-3…
1. Email Kris: [email protected]
2. Please put in Subject Line: Cross Border Planning
3. Provide Name, Phone, Email, and city/state you are interested in.
KRIS ANDERSON CIAS, CDPE, SFR, ABR, CLHMS, RECS, CMRS, IRES, AREA
Skype: Kris.YourPremierTeamwww.facebook.com/yourpremierteamwww.twitter.com/yourpremierteam
RE/MAX Excalibur 8510 E. Shea Blvd. #100, Scottsdale Arizona 85260
