Updated almost 11 years ago on . Most recent reply
NYS market
Anyone wholesaling upstate NY? Curious about inventory leads and buyers. Opportunity there? The state is expelling business and residents away for the last decade. I know retail is hard and it's not uncommon to list for 12 mo or more to sell at a price much lower than anticipated.
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I just moved to Western NY, Rochester, to buy some investment property and everything is going like hot cakes. I have tried to put offers in on 4 homes in the last week. Each one received over-asking in less than one week. One just came on the market yesterday and already has 3 bids, probably more will come by end of day, my realtor says it's price low so will def go over asking. If you were selling, now would be a great time! Not so great for the investor, though--at least the ones that actually know what they are doing. I never can understand why investors actually cause the price of a home to drive up with all of their bids...