Travis White Newport Beach Realtor has been taking over much of the market in recent years, expanding his presence and doing what many other investors have failed to do – create a competitive and engaging market in the area. Understanding why he continues to grow in the area is crucial for grasping various need-to-know information about real estate in general.
Why Travis White Newport Beach Realtor is Expanding His Market
Over the last couple of years, Travis White Newport Beach Realtor has been investing even more heavily in the area than usual. As a resident of the area, he knows how big a draw coastal properties are for too many buyers. And as Travis White Newport Beach Realtor expands his market presence, he notices many trends in the area.
For instance, the market has started to become very competitive in recent years as more and more people discover the area. Travis White, Newport Beach Realtor, has found that the area is something of a secret to many individuals but is finally starting to catch on with a broader buying base. And Travis White, Newport Beach Realtor, has seen prices get higher and higher in recent years as a result.
For example, Travis White Newport Beach Realtor recently estimated the median sale price in the area is over $2 million per home. Around 132 homes were sold in the region last year, a rate of over two houses per week – and hitting nearly three. Therefore, Travis White, Newport Beach Realtor, is trying to get into the market before it finally fully explodes and homes become impossible to find.
The still relatively low-key nature of the market means that Travis White Newport Beach Realtor is often investing in properties that may not sell immediately. For instance, he’s found that homes sell at prices around three-percent below their listing price and take over two months to sell. For some, this type of waiting may not seem like an effective way of investing.
However, Travis White, Newport Beach Realtor, knows that real estate is often a waiting game. Those who get into it trying to sell homes too quickly or don’t have patience end up losing out. Instead, Travis White Newport Beach Realtor prefers to wait for the right buyer to come along and offer the kind of money that a homeowner deserves for their property.