ARCHIVED BLOG POSTS
There has been a reasonable market activity at the Gates of McLean this year. Investors and homeowners are still realizing the value of the community. Lower priced units routinely have multiple offers on them. There were 18 homes sold in 2009 (in 2008 20 homes sold.) The lowest price was a 1br/1b...
Very interesting article. Not sure if the 20% value increase will be enough to make a difference but with documention of the improvements investors should be able to recoup the cost to rehab these homes. More info at http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf . The news is spreading...
There was an increase in activity in Pimmit Hills in 2009 showing that investors and homeowners still realize the great value of the community. Entry level homes sell quickly and lots of investors are working in the neighborhood to renovate and sell homes. There were 49 homes sold in 2010 versus...