V2 Properties Newsletter Volume 10, Issue 9

September 2020

Exponential Insights

Properties At A Glance

  • 11
    Currently Under Contract
  • 60
    Awaiting Building Permits
  • 16
    Sold In Last 30 days
  • 0
    Scheduled To Sell In Next 30 days

Focus on a Fantastic 4th Quarter

This year has certainly seen its up’s and down’s. We got off to a fast start until the end of the first quarter when we were shut down by the pandemic until early May 2020. While the shutdown cost us the first half of the second quarter, the second half was an amazing bounce back. We put a record number of homes under contract from the middle of May all the way through the end of July and into early August. This past month has been more of a ‘traditional’ pre-fall real estate market with fewer showings and offers as everyone settles back into their regular routines and getting the kids back to school. We expect the market to pick back up again in the next few weeks with many more showings and more offers based on our conversations with our Realtors. Experience has shown us that low inventory and low mortgage rates mean that the real estate market will remain strong for the foreseeable future. Our focus now is to get as many houses as we possibly can finished and on the market. If nothing else, the last few months has proven to us if you have inventory which is fairly priced, you will sell houses. We expect to have as many as 20 new homes completed and on the market in the next 30 days. We have put ourselves in a position to have a strong 4th quarter and then we can turn our attention to a fantastic 2021!

Vince Viney, President & Founder


Press links

Where Are Our Projects

0
In the Pipeline
1
Phase 1 - Foundation & Framing
2
Phase 2 - Mechanicals & Insulation
3
Phase 3 - Final Finishes
4
On the Market
4
Under Contract

Phase 1

Phase 2

Phase 3

Under Contract

On The Market

In The Pipeline

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