I stumbled across a marathon recently of a TV show called “First Time Flippers” on the DIY Network. I was mesmerized, and not in a good way. Fred and Mary (names have been changed to protect the “innocent”) have day jobs and buy a house to flip, lured in by potential profits in excess of […]
real estate
Posted inAt Home, Blog
When Buying a ‘Flip’ Can Be a ‘Flop’
If you have been looking at a new home, you may have felt like you were in an episode of House Hunters. Outdated wallpaper, horrible shag carpet, kitchens and baths out of the 1950s. You might feel ready to give up. But then, you find it. The one. An older home in an established neighborhood […]
Posted inAt Home, Blog
Real Estate Market on Bainbridge Island Off to Robust Start
What a difference a few years make! If I had written this blog back in 2011, I would have been emphasizing the wonderfully low interest rates that made home buying affordable and ignoring the amount of homes that were available. Today, the interest rates are still historically low, but inventory of available homes has dropped, […]