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FED INCREASES INTEREST RATES


US interest rates increase from 1% to 1.25%. Although interest rates continue to be lower than inflation (effectively making borrowing free) a rate hike along with the recent spike in supply, growing evidence of continued supply growth due to the Air B&B announcement and banks tightening lending policies resulting in appraisal values coming in lower

Jimmy Vlachos_RLPS_May_Infographic_DM_Let_Jun5_2017

MAY Market Stats 2017


March 5,400 Listings. April 12,926 Listings. May 18,477 Listings. Prices are up 27% year to date. We are back up to a healthy number of listings and the frenzy of February and March has subsided. Buyers have options.. 13,000 more options than March. Sellers are making 27% more then those selling last year this time.

About me

Jimmy Vlachos

Jimmy Vlachos

I am not driven by selling or buying. It’s not what gets me up in the morning nor what keeps me working late into the night. I am driven by a desire to be free, to do what I please with my time, to travel and experience all that life has to offer. My desire to be free is what lead me to Income Producing Property Investing. More...

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