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Any Property Management recs in Seattle area? :(
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Coach
If this is in regards to residential, I would say it’s all about location, schools, and layout. I personally wouldn’t look for a ready to move in house because most people change a lot in a property when they move in anyway to fit their preferences. So if the interior doesn’t look that nice, it’s can easy to fix, but it’s a lot harder to fix the whole layout, or fix a school system.
For investments, I care about overall population trend for the area, if the house I close to public transit, and if the property cash flows.
Around here, New England, it’s always been location first. Smallest house on cutest street biggest house on cutest street, historic neighborhood, whatever you can afford to get in. They are savvy around here that move in ready is just a flip or developer making a profit but there are good developments. High walk ability or good schools (both tough to get together) Efficient system over luxury fixtures. Seem to be worried about things they see on social media like old windows are scary but the originals are actually the best, fixed. Neutral paint. Parking, parking, parking. A place for a parent to share and live with or have that option. First floor bathroom 😂
That’s very interesting
F
U
It hasn’t changed. Price > Location > layout/size > condition
Their options are limited by how much they can afford. Their price point dictates the neighborhoods they can ideally purchase in. Then they look for homes that meet their needs. Condition (renovated/ unrenovated) and level of finish is personal preference.
The higher the price point, the less buyers you have and the more selective they will be.
Visual Storyteller
Please read the question again. “What has changed” what about the conditions surrounding traditional construction? We are millions of homes behind on the new building schedule… not producing skilled laborers, materials relentless price hikes, labor deficit in construction, interest rates??? So do you think the consumer seeing this has not changed the strategy they will use to purchase? Thank you for your feedback