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$1 Million and Less Growing: Opportunity?

Posted by rafaelcastrojr@gmail.com on October 21, 2022
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There are currently 650 single-family homes for sale in San Mateo County. 444 of them are under $1 million. The home on the map pictured here is for a $499,955 which needs repairs. In Santa Clara County there are 1,118 homes for sale and 114 under $1 million with the least expensive at $259,000 which also needs repair. There are more opportunities than ever to purchase, especially since some houses that need repair will not attract all buyers, especially those that want a move-in ready home. Some houses need a lot of repair and others only need cosmetic repairs where the seller may not even want to do any work, and this creates opportunity.

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