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Updated almost 4 years ago,
Birmingham beginning to disappoint
Well folks, i have more than enough capital saved, pre approved with 3 lenders...so have money to burn. Reached out to 4 Agents in Birmingham and only 1 got back to me with minimal options. Not due to pricing but inventory. Seems properties are flying off the shelves there!!!
So...
1. i don't want to overpay where i think thats the way things are going. 2. Agents are less responsive obviously due to the lack of inventory. 3. if prices keep going up, the ROI wont make sense....
I am looking for some advice here and especially around the idea of shifting my focus in other cities... Any thoughts and ideas perhaps on looking elsewhere? my focus is currently 3 bed 2 bath price rage 100-200k... yes i know.. you would think it would be easy to find...
Thanks