Updated over 10 years ago on . Most recent reply
Help Deciphering These Metrics
I am a new RI. Wanting to go into flipping in this stage - to build capital - and then work my way into rentals.
I am attempting to learn our market area. I was considering flipping. However, I read this article tonight discussing Mobile's market. While I understand what the numbers and graphs mean, I do not understand the big picutre - meaning, Is this good ,bad, standard, the beginning or end of a trend, a trun in the market, etc?
Make sense?
I thank you in advance for your knowledge.
Most Popular Reply
Just from a quick read of that article .. it seems like rising prices are slowing down sales... just remember that no matter what the market , there are always opportunities to find a deal with some meat in it - most investors make their money capitalizing on specific situations more so than what is going on in the market. Just my 2 cents.