New Duplex Properties for 2009
January 14th, 2009 Jacquie Cliff - Real Estate Agent and Loan Officer Posted in Duplex | No Comments »
We have officially made it into the new year, and with it I expect to see a good number of new duplex and multifamily listings on the market in Snohomish and King County’s. For real estate investors this is a good thing, because with everyone’s credit lines stretched to the max, many investment property owners are looking to unload properties at a discount. Right now in Snohomish County there are just over 100 duplex properties for sale, and with only 14 duplex properties sold since September 2008, the competition is tough.
To be sure there is disparity between the listing price for duplex properties in Snohomish County and what they are actually selling for, and undoubtedly there are several builders out there sitting on brand-new duplexes that cost more build than they are worth. For ambitious real estate investors, this of course means opportunity. If you are interested in getting started in real estate investing in Snohomish or King County, call me at 425-773-3149 and set up an appointment to go over your real estate investing goals and what needs to be done for you to achieve them.
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