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Home Buying in Englewood : Real Estate Advice

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Sat May 3, 2014
David Hanna answered:
A variety, but I know personally some are first time home buyers, and others are buyers who are coming out of condominium living in the same area and want more space and to leverage there asset by being landlords as well as homeowners.
There is also investor activity in the area, as the demand for rentals there continues to rise and the housing stock in many cases has been renovated and then fell into foreclosure, allowing buyers with some cash on hand to come in, repair and capture equity immediately as well as getting a good return on their money from the rental income.
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