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Updated over 7 years ago,
Farming and Recently Sold
I am planning on getting my license in a few months and am working on a business plan. I am working on finding a neighborhood to farm. One I am considering has about 250 homes in it and about 190 have sold in the past 3 years. It is a nice middle class neighborhood with ranch style homes in Greenville SC. The market it very hot right now with no signs of letting up. My question I suppose is this. Will these current home owners have enough equity to even consider selling? Does that matter? I believe it would be difficult to find any neighbor hood in my area with lower turnover.