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Updated almost 3 years ago on . Most recent reply

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85
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Francisco Milan
  • Gilbert, AZ
26
Votes |
85
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How are you guys keeping busy at uncertain times like these ?

Francisco Milan
  • Gilbert, AZ
Posted

Hello Everyone,

With market being uncertain how are you guys wholesaling deals right now ? Are you guys getting good deals ? Are investors buying ? 

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User Stats

85
Posts
26
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Francisco Milan
  • Gilbert, AZ
26
Votes |
85
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Francisco Milan
  • Gilbert, AZ
Replied
Quote from @Kerry Noble Jr:

its definitely been an odd time for me.......getting a lot of lowball offers.....stuff thats not making sense.....


For sure is I know many are saying deals are still out there but lets be real here. We went from 3,400 active SFR listings to like 12k give or take here in Phoenix, AZ. With that said that means there is more competition, few months back you could lip stick a home and throw it up on MLS and you would sell it we are facing a few hurdles

-Homeowners thing their home is worth a market price even though it needs a lot of work

-Interest rates have wiped out tons of buyers from the market

-And now we have way more listings on the market 

Something has to happen here soon I just think its a matter of time. 

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