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Updated over 4 years ago on . Most recent reply

User Stats

186
Posts
92
Votes
Sebastian Hernandez
  • Contractor
  • Morris County, NJ
92
Votes |
186
Posts

BUYING IN A DRY MARKET

Sebastian Hernandez
  • Contractor
  • Morris County, NJ
Posted

Hello BP Community,

I am looking to purchase a duplex in the North Jersey area. However, at the moment the market seems to be very dry and definitely a seller's market currently. Duplexes are barely being posted on the MLS for sale, seeing one or two per month, and does not appear there are many off market per agent. While I understand this is about numbers and being patient, I am someone who likes to find a way to make things work.

Any thoughts on how to play in the market environment I am in? 


As mentioned, this seems to be a seller's market, also not in the game of overpaying and entertaining bad deals for the sake of purchasing a property!

Thank you BP for sharing your thoughts!!! 

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