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Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
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Is it a Buyer's Market in your niche/town?

Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
Posted

Just trying to see if it's a Buyer's Market out there yet for folks - I think it is for me, specific to Denver Multifamily priced over $750K.

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied
Quote from @Andrew Syrios:
Quote from @Jay Hinrichs:
Quote from @Morgan Leiviska:

I'm in western washington, seattle/tacoma. we are getting a lot more "price improvements" here and less waived contingencies.


I love the term price improvement  :)  rural W Wa I suspect is buyers market but in some of those town the lack of inventory keeps things moving. 

Portland suburbs still flight seller advantage.. Portland metro is a buyers advantage given the social issues that the city allowed to take hold.. 

 One thing we all need to keep in mind is we're not long removed from the most absurd sellers market (mid 2020 through mid 2022) in American history, so we may have a skewed view of what a buyer's and seller's market actually are. 


agreed in all my years in this markets seemed to go in 8 to 10 year cycles.. so end of 2022 is about a 10 year cycle from the low of 2011 2012 ??? 
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