The sweet spot occurs when 75% or more of a market’s peak-to-trough decline has occurred.
Electra Transcendent will target newly built homes, vacant at acquisition with builder guarantees, in the $175,000 to $300,000 price range.
“We are looking to grow our footprint at this point,” said partner Lynda Galligan, who has led the firm’s California growth. “We have everything covered, it's just a matter of growth.”
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