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Updated almost 5 years ago on . Most recent reply

User Stats

163
Posts
28
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Dale Miller
  • Real Estate Agent
  • Buffalo, NY
28
Votes |
163
Posts

Seller's market until....

Dale Miller
  • Real Estate Agent
  • Buffalo, NY
Posted

When is it going to be a buyer's market. It seems like sellers are wanting inflated prices for properties that need all kinds of work. Has anybody seen an uptick in better deals in the Buffalo NY area

Most Popular Reply

User Stats

3
Posts
5
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Michael Woods
  • Lender
  • New York State
5
Votes |
3
Posts
Michael Woods
  • Lender
  • New York State
Replied

Re: Sellers Market. 

I predict that post Covid there will be some investors that will want to divest some of their real estate portfolio for diversification purposes. Also, the new NYS landlord / tenant laws  have not been in effect for a full year. I can see some of the less capable landlords that have bad tenant relations or own properties that have deferred maintenance wanting to get out of the game.  I would love to see a post Covid  market  that slightly favors investors.     

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