MLS Deals Becoming More Competitive??

[Zach Leasure]

I'm sure investors have started to realize REOs on the MLS are becoming more competitive. At least in my area (Baltimore, MD) houses will go to market and with in a week will be sold and will have multiple offers. Even HomePath properties that are in horrible condition with a seasoning period for Owner Occupants only are being bought before investors even get a chance to submit an offer.

Just want to get people's insights, experiences, what may be causing such demand and competition and where people see the market going over the next 12 months.