Still waiting for the "right time"?

Still waiting for the "right time"?

Investor ยท Fort Lauderdale, FL ยท Member since 2013 ยท 918 posts ยท 607 votes

๐’๐ญ๐ข๐ฅ๐ฅ ๐ฐ๐š๐ข๐ญ๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž โ€œ๐ซ๐ข๐ ๐ก๐ญ ๐ญ๐ข๐ฆ๐žโ€ ๐ญ๐จ ๐ ๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž? ๐‡๐ž๐ซ๐ž ๐ข๐ญ ๐ข๐ฌ:

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’, ๐จ๐ง๐ฅ๐ฒ ๐Ÿ” ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ÿ“๐ŸŽ largest U.S. metro areas had housing inventory above pre-pandemic levels.

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“, ๐ญ๐ก๐š๐ญ ๐ง๐ฎ๐ฆ๐›๐ž๐ซ ๐ฃ๐ฎ๐ฆ๐ฉ๐ž๐ ๐ญ๐จ ๐Ÿ๐ŸŽ ๐จ๐ฎ๐ญ ๐จ๐Ÿ ๐Ÿ“๐ŸŽ.

This isnโ€™t just data. ๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ซ๐ž๐š๐ฅ ๐ญ๐ข๐ฆ๐ž.

Markets like Austin, Denver, and Memphis now have significantly more homes available than they did in 2019, creating real chances for creative investors who know how to move when others hesitate and dawdle.

More inventory = less competition

Less competition = more negotiating power

More negotiating power = better deals for you

If you're still sitting on the sidelines, ask yourself:  what exactly are you waiting for?  

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Jordan RayBusiness Member
Real Estate Agent ยท Memphis, TN ยท Member since 2023 ยท 642 posts ยท 332 votes
1y
Quote from @Michael Carbonare:

๐’๐ญ๐ข๐ฅ๐ฅ ๐ฐ๐š๐ข๐ญ๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž โ€œ๐ซ๐ข๐ ๐ก๐ญ ๐ญ๐ข๐ฆ๐žโ€ ๐ญ๐จ ๐ ๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž? ๐‡๐ž๐ซ๐ž ๐ข๐ญ ๐ข๐ฌ:

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’, ๐จ๐ง๐ฅ๐ฒ ๐Ÿ” ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ÿ“๐ŸŽ largest U.S. metro areas had housing inventory above pre-pandemic levels.

๐ˆ๐ง ๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“, ๐ญ๐ก๐š๐ญ ๐ง๐ฎ๐ฆ๐›๐ž๐ซ ๐ฃ๐ฎ๐ฆ๐ฉ๐ž๐ ๐ญ๐จ ๐Ÿ๐ŸŽ ๐จ๐ฎ๐ญ ๐จ๐Ÿ ๐Ÿ“๐ŸŽ.

This isnโ€™t just data. ๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ข๐ง๐  ๐ข๐ง ๐ซ๐ž๐š๐ฅ ๐ญ๐ข๐ฆ๐ž.

Markets like Austin, Denver, and Memphis now have significantly more homes available than they did in 2019, creating real chances for creative investors who know how to move when others hesitate and dawdle.

More inventory = less competition

Less competition = more negotiating power

More negotiating power = better deals for you

If you're still sitting on the sidelines, ask yourself:  what exactly are you waiting for?  

@Michael Carbonare, I couldn't agree more with this. @Joe Villeneuve, you are 100% right about that! Too many "Investors" watching the stock market and news headlines and not actually studying the market and consulting with their agent and are waiting on "the right deal" just to fall in their lap. Real deals are found in #'s. Offers going out, negotiations happening, seller problems being solved. This is the best time to do it! 

"Be fearful when others are greedy, and be greedy when others are fearful" - Warren Buffett

This quote couldn't be more true right now!

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