No, could that be true? I thought we were in this recession – heck, I thought we were headed to the next Great Depression just a few months ago. Well folks not yet, not now. We are experiencing a serious frenzy here in the Valley. From first time homeowners to savvy investors we are seeing it all, however nobody expected to see prices go up! We saw lender owned property price per sq.ft rise by 2.2% after hitting a bottom in April. All of the buyers I am working with will find a property they like, and by the time we decide to put an offer in it is gone in a matter of days. Is this the end of this long housing slump? Most likely not, well not even close. We have a ton of pent up demand, but the inventory has dried up (for now). Word on the street is the banks will be seeping the inventory back in to the market, in the coming weeks and months. I have found some great leads on properties that haven’t hit the MLS where you can still get a good margin, and some cases a great margin.
So How Do I Find A Great Deal?
Luckily there are a few ways you can do this. 1st, call me, and I can walk you through the details.
At the end of the day, it all depends on what you are trying to accomplish. Are you a first time homeowner trying to jump in, a small time investor looking to get some cash flow going or are you a whale looking to move the market? Let me know, because I have an answer for you and a dedicated team willing to help you reach your investment goals.
Alexi T. Mavrellis
Guardian Realty & Investment Group
mobile: 480.245.0184
