House in Fayetteville, NC

[William Sumner]

I rented out my house a few years ago after transferring out of the area.  Tenants moving next month.  I'm trying to decide whether to rent it out again or sell it.  How is the local market right now?  I really don't want the house to sit empty so whichever would be the fastest.  Any advice from a local investor would be very appreciated.

[Brandon Hanks]

I am a local investor in Fayetteville, and this town is definitely a buy and hold type of environment. I have seen tons of houses just sit on the market and waste away (buyers advantage). Most people are buying up the new construction (senior military). There is a ton of military rotating in and out, that only want to rent and not buy. Nothing against Fayetteville but most people don't want to be there any longer then they have to (huge renters market).