State of the Real Estate game in Utah
I'm a new investor/first time home buyer and I've noticed much of the deals I find on-market tend to go 'pending' within 5 days of being on the market. I've been looking at SFRs within the 200k to 300k range and in the Taylorsville, West Jordan, South Jordan area all the way to the N.Salt lake, bountiful, clearfield area. Just looking for some insight from other Investors or home buyers on the state of the R.E. game right now, especially with the COVID pandemic going on. What are your thoughts? Are a lot of the transactions that are taking place right now mainly by investors? Do you see a lot more investors arising from this pandemic because of quarantine? Would love to get some input and hear your thoughts. Thanks.