When Things are Looking Up, the Bottom Has Been Left Behind!
I was having a meeting the other day at my local Starbucks in
Aurora, Illinois with an investor friend of mine discussing real estate
auctions. He was saying that he recently attended a local sheriff’s sale to
purchase a property and said there were investors in the room that were in a
buying frenzy and actually were over-paying for properties just to get their
hands on them. Have we reached a bottom in our market? I hate to speculate but
with this type of activity and seeing areas where anything under certain price
points being bought up at an alarming rate, with no end in sight, the bottom may
have arrived. The opportunities are out there, one will now just have more
competition to get the best deal to add a property to his or her portfolio. For
more info: http://tinyurl.com/b9vwtda
Latest Updates
- Jeannie Watson commented in the group on Buyers needed for SFR's, Multi-units & Commercial: Dorothy, I have buyers for multi-family, strip malls, warehouse, any income producing commercial properties in CA, NV, AZ, WA, CO. Must be...
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