Is there such a thing as too many investor in an area

[Kevin Polite]

Decatur 30032 was one of the most investor flipped zips in the US in 2017, but things are started to maybe get back to normal if not slow down. In 1st quarter YOY comparison of that zip sales were flat at 148 vs. 146. However, the number of listing exploded by more than 50% from 219 to 337. That's a lot of inventory. Median sales price went up almost 15% and number of days on the market went from 38 to 43, still not bad. Would you consider still investing in this area?

[Matthew Nicklin]

As with any market Supply and Demand play their role. If one is out of balance it will effect the other. This zip is out of my preferred area but if the numbers still worked I would do a deal in that area.