Most of us in the property management field already know that, despite occasional risks and business challenges, single-family rentals are good investments. But with the market uncertainties that
How Much House Can You Buy For One Dollar?
According to Zillow, the current US median home price is $218,000. That means if you have (on average) 218,000 dollars, you can buy a home.
But how much home can you buy for a single dollar?
Zillow recently explored how much house you can buy for one dollar in the current market conditions. Currently, a dollar will buy you 1.07 square inches of space in a typical US home. That’s down slightlyfrom 1.2 square inches in 2008—and less than half of what a dollar would buy you in 1998 at 2.1 inches.
If you’ve been thinking about selling your home, now is a great time to do it—because a dollar buys less house today than it did a decade ago (and even less than it did two decades ago), which means potential buyers have to use more dollars to purchase your whole home.
Alex Saudi... a husband, father, youth soccer coach, and a licensed Florida Realtor®. Representing homeowners and future homeowners in the Greater Tampa Bay area. He epitomizes integrity, energy, har....
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When it comes to home renovations, the money that you put in cannot always be recouped when it comes time to sell. Most people want to get the best value for their dollar when doing home renovations