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Updated over 4 years ago on . Most recent reply
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BUYING IN A DRY MARKET
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!!!