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Updated over 12 years ago on . Most recent reply

User Stats

32
Posts
9
Votes
Mark Vieira
  • Petaluma, CA
9
Votes |
32
Posts

Thoughts on Palm Bay, FL?

Mark Vieira
  • Petaluma, CA
Posted

It looks like foreclosures coming to market are ticking up in some of the judicial states. Palm Bay, FL appears to have alot of REO's for decent prices. I know it is on the "Space Coast" and the local economy isn't the best, but are there enough jobs and renters to make this area a decent buy and hold for cash flow and appreciation?

On a more broad note what do you make of the increase in foreclosures coming to market in certain areas/states? A last gasp of REO's or the start of a larger wave?

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