I agree with SDR that the buyer pool is large for this price range but are they buyers who intend to occupy the properties themselves? And if so, are they actually making offers? And if so, are any of them successfully closing a SFR property in this price range using a mortgage for most of the purchase money?
What is your experience, SDR? Do you have any recent buyer clients who have been successful in closing a SFR property under $400K using a mortgage?
