Seattle had dropped from being one of the hottest real estate markets in the country to number 11 in a recent home value appreciation report. While still above the national average, it has cooled off enough to make you wonder if you should hang onto your investment property and ride out the slow down. Historically, home sales do pick up as the weather warms, but it might be a good time to have patience and make a plan to get long term renters for the next two to five years so you can recoup some of the losses in the value of your property.
For those that are entertaining that idea of renting the property you had hoped to sell, Sound Point Property Management is here to assist you! Recent weather events may have sidetracked your own marketing and you might not know where to start. Or perhaps you have a roof that needs to be attended to before you list that ad for new tenants. Stop being your own landlord and put your property in our capable hands.
We would love to learn more about your needs. Please reach out to us at 206-397-3829 or info@soundpointpm.com.
Read the full article at https://komonews.com/news/local/seattle-home-price-hikes-continue-downward-spiral-says-new-report
