Roanoke real estate market softens
Well, it seems to be finally happening, whether due to the downturn in the overall national real estate market or due to the fall season coming upon us (or both), but the real estate market in Roanoke finally seems to have slown down.
I’ve personally noted a decrease in calls not only about the houses I have for sale, but also from prospective buyers I’m working with. Traditionally, the real estate season takes a cooling off period from mid-October to early springtime and this year it seems to be right on time.
I will be very soon listing a foreclosed home in the Vinton area of Bedford County. It needs some general fixing up on the outside, a broken window or two fixed, some mowing and landscaping and some minor exterior work. There are some sofits coming loose and gutter that needs reattached to the roof line, but otherwise is in relatively good shape. It would be a great home to flip or for an investor looking for a home to fix up and then rent. I may already have a renter lined up as well if any investor out there wants to talk about it!
