Valdosta GA Market Update: Dec 2024It’s been a while since I have been active on BP, but I am back!

For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.

While the real estate market usually slows down this time of year, we are seeing a lot of buyers taking advantage of homes that have been sitting on the market longer.

Inventory has held steady at around 5-6 months for some time now, with roughly 4% more active listings on the market in the metro now compared to November last year.

A sellers market in general.

Most investors take a look at the available rental units in a particular market,  determine if its a good or bad market based on DOM and either dismiss the market all together or replicate the housing units that are absorbed.

(Sidenote, cattle inventory in the US is at an all-time low and now we are shutting down imports from the south because of a parasite "new world screwworm") - so I guess my steaks are going to go up no matter what. 

There are always people entering the market and leaving the market all the while the many investors that do this for a living will stay and grab deals.

If the market was busy, you wouldn't get a good deal. 

I've always found inventory rates (and how they've moved over time ie previous 1-2 years) to be the starting point for where a market's health is at.