Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Is It me or market is saturated?
Been investing in a smaller town and just moved back to the Dallas/Fort Worth market.
Based on the last few months, it feels like the housing market here is over priced and hyped with investors buying up properties at a premium, at prices that don't even cash flow. Just even had a realtor send me a cma for a property that was selling for 20 dollars extra/sq ft for the comparisons and then went on to tell me that the report supports the listing price? And that the property already had multiple offers?
Are my calculations incorrect or all these investors clueless and buying anything on the market?
The CoC on these properties are averaging 5-7 percent including sfh and mfh.
Maybe it's time to look outside the metroplex again...