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Updated almost 5 years ago on . Most recent reply

User Stats

320
Posts
115
Votes
Casey Mericle
  • Investor
  • Springfield, MO
115
Votes |
320
Posts

What's Your Crystal Ball Say?

Casey Mericle
  • Investor
  • Springfield, MO
Posted

With the global Coronavirus mixing up the real estate market it seems like a few of these things may happen.

  • •Massive unemployment = selling and foreclosure (eventually, not initially)
  • •Increased supply/declining demand = lower prices/buyers' market
  • •Those with capital reserves will buy at significant discounts for cash
  • •Savvy investors without capital will buy on great terms 
  • •Retail priced value add/flip properties will have to sell at smaller margins
  • •The paper market and buy and hold investors will be on hold until the general public can afford to make payments
  • •Capital might be sitting on the sideline for a while

What does your crystal ball say I'm missing here?

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