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Updated almost 4 years ago on . Most recent reply

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4
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Colton Florentz
  • North Carolina
2
Votes |
4
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Hot Market(NO DEALS!)

Colton Florentz
  • North Carolina
Posted

Have you been forced to change your strategy because of this volatile market? 

As a new investor, it's very startling watching houses go for 10, 20, and 30k over ask. I live in North Carolina, every agent that I have talked to said they have never seen anything like the market we are in. I am mainly looking for flips on market, although I am starting to transfer off-market. 

Most Popular Reply

User Stats

199
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168
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Dan Rowley
  • Investor
  • Cary, NC
168
Votes |
199
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Dan Rowley
  • Investor
  • Cary, NC
Replied

@Colton Florentz  you're right it's nuts currently.  But, nothing ever stays the same and economy and housing is cyclical.  So, you could be patient and wait... or you could (potentially) overpay but who knows prices may just keep rising for a while because there is so much money chasing assets thanks to our govmnt policies.

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