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Updated over 5 years ago on . Most recent reply

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5
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49
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I found a town that has 100k houses...

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Posted

I found a town thats 3hours away from me. The population is 8800. My state is expected to double population by 2050s and its fastest growing state in the country. What im thinking is that there is no way this will remain this cheap for ever. They have houses with 11 acres for 150k. They have a 6+ unit apartment building for 150k. They have such cheap properties. Its not just there but all over these far away towns. What are your thoughts of buying in towns with such a small population?

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459
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202
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Rob Massopust
  • Real Estate Broker
  • Santa Ana CA [South Coast Metro]
202
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459
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Rob Massopust
  • Real Estate Broker
  • Santa Ana CA [South Coast Metro]
Replied

Look at net migration and emigration. Just because its cheap does not make it a good deal. There are many other factors to consider, price just one of them.

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