What does it shows if a house is not owned for long by one owner? if a house is sold EVERY 3 YEARS

Profile picture for Bemayele
I was researching about a house and the county record shows that the house and other neignbouring houses were sold so many times: once in 3 years on average. What would be the possible reasons that the buyers did not want to own the house for long. Does this show that there is some problems with the house. If so, where would I research to know the problems related with the house. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 23 2009 - Maryland Heights
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (4)

Profile picture for CeceliaAnnan
Hello!

Rather than making blanket generalizations on a home and neighborhood I haven't seen, I prefer to evaluate each property on its own.

Perhaps this particular home has just happened to host several families in what appears to be a brief time frame by coincidence. For instance, the first owners could have been in town for a brief time, and had chosen to buy something they could resell easily (GOOD neighborhood, neighbors, HOA, home, etc.) and not sink the money into a rental. There are many reasons that people decide to move-financial concerns, job relocation, family demands, and the like.

Your best option for researching is to work with a professional Realtor who can check resources to which the general public may not have access.  He or she would meet with you, discuss your preferences (everyone's definition of "problems" is different!), and set up a search for the appropriate criteria. The next step is to schedule visits to things that interest you and see how they will or will not work for your needs.

A good agent will have list of qualified inspectors who can determine what we cannot as far as condition, soundness, and needed repairs.

Send me a message if you'd like some more information!

Thanks,
Cecelia 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2009
Profile picture for agoodeye
It's obviously a transient neighborhood and must be starter homes.  I'd be a little wary.  People who don't plan to stay long may not have a vested interest in maintaining a home and may not have kept it up.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 24 2009
Profile picture for wetdawgs
It may be a neighborhood where people are getting started, and then are ready to move up after a few years.   It may be bad luck.  It may be a neighborhood problem (too much noise, poor schools, long commute to employment centers).  

I'd ask a local realtor or two.

Isn't the national average for moving every five years?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 23 2009
Profile picture for real estate mike
The first guess is that it's a starter home and basic. Also if it had say 4 bedrooms and one bath they could be wishing for another bathroom. A flunctuating local job market, hard to deal with hoa, major defects that no one has felt like putting money into. What if the buyers themselves were qualifying under the old loose lending terms and when their interest rate started skyrocketing they packed up? Ask a local realtor or someone selling their home there. best of luck to you. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 23 2009
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

E-mail successfully sent!Submission failed!

Related Questions
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy