Real Estate Broker · Henderson, NV · Member since 2009 · 1k+ posts · 373 votes
I have a client that is looking to purchase a second home in the $200k to $250k price range around the Pine Valley area to escape the summer heat. I was given Doug Mcknight from Coldwell Bankers info but I have no experience with him and he doesn't have any online reviews so I wanted to see if anyone else has a good recommendation or if they have any experience working with Doug McKnight.
The client I have has done several deals with me here in Vegas and i want to make sure he is represented properly in Utah.
Flipper/Rehabber · St. George, UT · Member since 2010 · 212 posts · 114 votes
12y
Joe Allen: 435-773-3870 (Realty Absolute)
In regards to your Questions: I'm not an expert on Pine Valley, never done a deal in PV. I have done a few in Central but that is still a different market.
If you are asking "near" future... I believe prices will remain the same for PV. But that might change, I don't know price range, primary home, cabin or what the buyer is looking for. There is a WIDE price range in PV.
If you want to hire Joe or Doug to go to work for you and your client then you can expect them to spend more time getting you answers, you know the drill. (wink)
Most the distressed inventory is gone but it is NOT a high movement area... meaning not a lot of buyers or sellers. So retail prices will mostly stay the same.
If you client is looking longer term it is a great time to buy... when the right home comes along.
I would NOT be flipping short term in PV unless the deal was REALLY good!!
If it is the "right" home it is always a good time to buy and rates a still low.
Flipper/Rehabber · St. George, UT · Member since 2010 · 212 posts · 114 votes
12y
I can refer you to Joe Allen with Realty Absolute.
I'm a Realtor and Investor here in St George and for anything with Buyers... Joe is fantastic!
PM me for his contact info.
Real Estate Broker · Henderson, NV · Member since 2009 · 1k+ posts · 373 votes
12y
We contacted Doug McKnight and he sent my client and I listings in my client's price range but nothing has immediately popped out to him as what he is looking for so he is still looking.
I asked Doug, "How is the market up there? Can you tell us a little about what the market has been doing and where you expect values to be in the near future? Thanks in advance."
I got this brief and not very helpful response, "There have been 10 homes sold in 2014. Most sellers have lowered their prices and I don’t expect it to change one way or another.
Doug"
Maybe there isn't much to say about the market up there but I was expecting a few more details as to supply and demand and factors that may effect either.
If anyone has info to add about the market in Pine Valley I would love to hear it. I explained to my client that it may be better for him to just rent when he wants to get out of town rather than having the constant expense of a mortgage, repairs, taxes, insurance, etc not to mention if you own you are locked into that one property vs renting you can pick and choose where you want to go each time etc. So with that being said I would be interested to hear about the rental market up there as well.
Thank you in advance for any input you can provide.
@Justin Morgan please send me Joe Allen's info and i will reach to him as well. Thank you!
Flipper/Rehabber · St. George, UT · Member since 2010 · 212 posts · 114 votes
12y
Joe Allen: 435-773-3870 (Realty Absolute)
In regards to your Questions: I'm not an expert on Pine Valley, never done a deal in PV. I have done a few in Central but that is still a different market.
If you are asking "near" future... I believe prices will remain the same for PV. But that might change, I don't know price range, primary home, cabin or what the buyer is looking for. There is a WIDE price range in PV.
If you want to hire Joe or Doug to go to work for you and your client then you can expect them to spend more time getting you answers, you know the drill. (wink)
Most the distressed inventory is gone but it is NOT a high movement area... meaning not a lot of buyers or sellers. So retail prices will mostly stay the same.
If you client is looking longer term it is a great time to buy... when the right home comes along.
I would NOT be flipping short term in PV unless the deal was REALLY good!!
If it is the "right" home it is always a good time to buy and rates a still low.