Renovation Homes
Recently I’ve had several clients/investors looking for rehab homes. It has been astounding how many investors are looking for the same! We have witnessed over 10 offers on properties that are going well over $100k to get the homes. They want bigger lot sizes and most are putting DADU’s (detached additional dwelling units) in the backyard. Investors don’t buy when the market is high, they buy when they feel there is an upside to their investment.
This is indicative of a constant shifting market. Will prices go back up in 6 months to a year? Forecasters are saying yes.
If you are selling, the opportunity to get multiple offers, if priced right is very high. If you are on the fence about buying, it may cost a lot more in the next year or more. Think like an investor, who is paying well over list price to get a ‘good bones’ home.
Call anytime for your real estate questions!
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FEATURED LISTINGS
These are a few listings that are new on market this week. Do you have additional questions about them? Please call me direct if you want to see any properties or are preparing to list your home. (425) 765-9411
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Most people know 3-4 people who could use assistance with Real Estate. My hope would be that if you hear of someone looking for a great realtor you will be able to confidently share my name. Please make an e-intro and it will be my honor to take this responsibility. I have so much gratitude for each and every client that has helped me along the way.
