too many flips on market in north linden?

Question

I am wondering what others may think. I live in and invest in north linden and watch the market here pretty closely. I have noticed a number of flips on the MLS and seem to sit, and I know there are more coming from watching the rehab crews.

I am curious what others are seeing, since I am strongly considering upgrading and selling a few of my SFHs in the area. Not sure if its just my stingy old investor eyes or actually a slowdown.

David Roberts · Answer

I have been tracking 43224 as well, specifically for a live-in flip. Inventory seems to move really quick in the pocket north of Weber and West of Karl. I think a lot of the value add opportunities in this footprint funnel through the wholesalers now. Most of what has come to market recently has already been updated and sells quickly if priced correctly. Maybe we see a change after forbearance ends?

My opinion is that the area is prime for appreciation.. because it's attractive to first home buyers priced out of Clintonville who want a garage, yard, easy access to OSU and rest of city, etc.

My opinion is that the area is prime for appreciation.. because it's attractive to first home buyers priced out of Clintonville who want a garage, yard, easy access to OSU and rest of city, etc.

Nathan W. · Answer

Account Closed, I'm a total newbie whose been watching the market for about 2 months (43224 is right next to me in 43229), so I'd be really interested to hear what some others think as well. Seems like all of the recent MLS listings in 43224 have changed hands within the last couple years (or even this year!) have been rehabbed already.

Remington Lyman · Answer

It seems like the DOM for quality flips in the area is low. I hope this trend continues and the area fully gentrifies.

Nathan W. · Answer

@David Roberts

That is exactly why my wife and I bought in 43229 just a bit further north - but that was back in 2009

Zeke Liston · Answer

I really like North Linden, I see a lot of activity there Account Closed! I'm trying to get something over there myself.

too many flips on market in north linden?

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