Tag Page PropertyMarket

#PropertyMarket
logan50

If someone offered 1.5–2 times the market value of your home, would you sell?

Let’s pretend someone knocks on your door and says they will pay you way over market value for your home. I’m talking fifty to a hundred percent more than what it's worth, all in cash, right now. If your place is worth half a million, they are handing you between seven hundred fifty thousand and a million. Would you take it? What might hold you back could be that it's too hard to find another place, or maybe emotional or family ties to the house. And TBH, I have one of those houses people seem to want. For more than twenty years, strangers have shown up at my door asking if I’d sell. 😅 One day I finally told a woman it would take 5.1 million. Word must have spread because a neighbor walking her dog later stopped and told me I was being ridiculous and asked if I really thought someone would pay that. That was the point! Since then, the knocks have slowed to almost none. #RealEstate #HomeOwnership #PropertyMarket #HousingMarket #Decisions #MoneyTalk #Home

If someone offered 1.5–2 times the market value of your home, would you sell?
Kayla Lara

Is Maui's real estate crash a golden opportunity? 🤔

I’ve been keeping an eye on property prices, and it looks like Maui’s market is taking a major hit. A year ago, one property I looked at dropped from $800K to $550K in just one year—and it's still falling. So, is this a buying opportunity or a red flag? 🤨 Maui's property values were already high due to tourism and the beautiful environment, but after last year's devastating wildfires, things have changed. The government’s new restrictions on short-term rentals are making a lot of properties drop in price. I almost pulled the trigger on an investment property, but the high mortgage rates, expensive insurance, and HOA fees made me hesitate. Despite the potential for rent increases, I just couldn’t make it work with the costs involved. Would you risk it and buy, or is this just too much to take on right now? 🤷‍♀️ #MauiRealEstate #InvestmentOpportunities #PropertyMarket

Is Maui's real estate crash a golden opportunity? 🤔Is Maui's real estate crash a golden opportunity? 🤔
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