Should I invest in area when there a lot of properties on sale?

2 Replies

I am a Newbie.  I'm researching at a location in Florida , where the location and price seems to be fine.  However, clicking on the website Zillow, it many properties on sale in that area.  Is this something we should be concerned?  Please advise.

Hey @Chao Cheng Gao ,

Properties being for sale on Zillow is a good thing, that means there is activity happening in that area and folks are selling properties. You'll have to look at individual properties to determine what will be worth your time, but market activity is much better than market stagnation.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you