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Updated over 1 year ago on . Most recent reply

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Charles Clark
  • Real Estate Broker
  • Milwaukee, WI
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According to WSJ article, Investors don't like today's prices

Charles Clark
  • Real Estate Broker
  • Milwaukee, WI
Posted

For Property Investors, the Price of Homes Is Still Not Right by Will Parker in the Wall Street Journal stated, "...Realtor.com said 2023 was on track for the largest annual drop in investor buying activity in at least 20 years...". The article went on to share results about how small investors plan on purchasing the same amount or fewer properties in the new year than they did last year. 

With this article's national view point of the real estate market, but I am curious if that is the case in a local market like Milwaukee, WI or any other mid-west city. Are investors buying less or buying different? As an investor, I would think you would change your strategy when the market changes to adapt to the environment you find yourself in. 

I thought it was a good article to read to get a better understanding of how the real estate looks from a different view point when investing in real estate. Let me know what you think of the article or your opinion of the current local real estate market. 

Beleza




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Raise the Standard RE LLC
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Raise the Standard Management LLC

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

At any point in history you could say the same exact thing.

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