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59
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27
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Rhema Odika
  • Wholesaler
  • Indianapolis
27
Votes |
59
Posts

What Are You Seeing in the Florida Market Right Now?

Rhema Odika
  • Wholesaler
  • Indianapolis
Posted

Over the past few weeks, I’ve been speaking with investors across different markets, and one thing I’ve noticed is that everyone seems to be getting more selective with acquisitions.

I’m curious to hear from investors who are active in Florida:

• Are you seeing more motivated sellers lately?
• Which counties or cities are still producing deals that make sense?
• Has your buy box changed over the last few months?

I’m always looking to learn from experienced investors and build relationships with people actively buying in Florida.

If you’re investing in Florida, I’d love to hear what you’re seeing in your market.

Most Popular Reply

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2,348
Posts
3,013
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Nick C.
  • Investor
  • Tampa, FL
3,013
Votes |
2,348
Posts
Nick C.
  • Investor
  • Tampa, FL
Replied

95% of people involved in real estate here have never seen a flat/depreciating market. 

Sellers are listing their dated, dilapidated properties for a retail price. This is causing a mass of stale inventory, because buyers aren't taking the bait anymore like the covid days. 

This causes national media headlines to assume our market is dead, but fully updated properties that are priced appropriately still move quickly. This surprises a lot of misinformed buyers who just read headlines and think they can bully sellers. 

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