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The average number of days on market required to sell a home gives you a good indication of the strength of that local real estate market--a higher average number of days on market usually suggests a weaker market, a lower average number of days on market implies a stronger local real estate market.
Always ask to see any existing leases for any rental property you are considering for purchase. If you buy the property, you will be subject to the terms of those leases. Make sure the leases match the seller’s representations.
Both private and government buyers are finding real estate conversion opportunities with U.S. hotel owners who are reevaluating the highest and best use of their properties due to the COVID-19 pandemic.
