But savvy investors are looking
But savvy investors are looking for new investments for side-lined liquidity pulled from frothy real estate markets in the past two years. And with the over-valued markets taking long to adjust to market realities, many investors are ready now to find exciting growth opportunities in valued markets.
While under-valued markets look promising, you should conduct a careful analysis to determine if demand will or can be created to support higher resale prices. Look at closed sold comparables from the each of the last three years, to see if consistent appreciation and demand will work in your favor.
Mark Nash is the author of “Fundamentals of Marketing for the Real Estate Professional”, “Starting & Succeeding in Real Estate”, “Reaching Out: The Financial Power of Niche Marketing”, and “1001 Tips for Buying and Selling a Home”. Mark is a contributing writer for: Realtor (R) Magazine Online, Broker Agent News, Real Estate Executive Magazine, Principal Broker, and Realty Times.
olympia real estate