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Updated over 8 years ago, 07/07/2016

User Stats

59
Posts
12
Votes
Daniel Highsmith
  • Investor
  • Cross Plains, TN
12
Votes |
59
Posts

Market Trend Direction - When To Buy\Hold And When To Flip

Daniel Highsmith
  • Investor
  • Cross Plains, TN
Posted

I'm selecting a Farm Area to send direct mail to. I have two areas that i'm comfortable with. After some initial research on Trulia i can see the median sales price for Area A is trending down

Area B median sales prices are trending up over the year

My question is this: Should i target the down trending market for a possible low priced buy\hold rental? Or should i target the upward trending market for a possible "buy low, sell high" flip opportunity?

I plan on getting a listsource list (possibly absentee owners) and sending to one of these markets on a monthly basis. Any info is much appreciated! Thanks, BP Community!

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