Friday, August 2, 2024

SW Washington Market still pretty warm.

Our local market isn't on fire like it was a few years ago, but it remains toasty warm. Inventory levels are creeping up but see favor seller's. The tight lending market however has put the squeeze on buyers so even though inventory is tight the supply of qualified buyers is almost equally tight. It's a bit of a standoff.

Buyers looking for some leverage should look at houses that are a little odd. That house on the flag lot with the bumpy driveway might be a value since most buyers have a difficult time looking past basic curb appeal problems. 

I have a fantastic listing right now well under market but it has an odd entrance and basically no yard. But 2100 squares on one level with 4 beds and 3.5 baths at four and a half is a steal. Some buyers just can't get out of their own way.

Buyers look for these types of properties, they are your ticket to an affordable option in this crazy real estate world we are living in right now.

Think outside the box and you will find a house that gives you most of what you want at a price you can afford.






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