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BRMK - Broadmark Realty: If There's A Crisis It Won't Be A Housing Crisis
Broadmark Realty Capital Inc
I recently became the president of my homeowner’s association, where I now oversee around 40 houses. Between that and what I do for a living… it’s safe to say I follow local real estate.
We moved here around seven years ago, appreciating its growth prospects. And apparently we chose well. Last year, I had my house appraised at 15% higher than my buy price, translating into about 2.5% annual growth.
Yet there are still many new homes under construction across single-family and multi-family developments. There’s a new neighborhood across the street meant to hold more