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Updated over 7 years ago,
Timing Saratoga Springs, Utah/Utah county purchases
Hey all. I want to see if I can get a pulse on what you guys think about the market right now in Utah. Everyone says 'we are at a peak in the market' & 'there are few deals to be had'.
I am able to purchase 2-3 homes. Ideally I would like to buy in Saratoga Springs where I live. The intention of the investment properties is to hold for appreciation over the next 10 years as well as some cashflow.
I don't like the idea of waiting for the market to dip but I don't want to pay a premium. Here are some of my questions:
- Should I hesitate to purchase now?
- What things should I look for in a deal in this current market?
- Saratoga is going to boom over the next decade. Should I get in now?
I am not a first time investor. But the last few years I have purchased out of state and now I am planning on coming back to Utah for investing.