Curious what everyone is seeing on the ground.

Curious what everyone is seeing on the ground.

Siahna ImBusiness Member
Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes

Are you seeing more investors buying, sitting on the sidelines, or becoming more selective with deals?

What's the investor sentiment like in your market right now?

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Jay TolugantiPro Member
Investor · Clearwater, FL · Member since 2025 · 225 posts · 78 votes
2d

I have been looking for 3 months now in Tampa market. Something happening in the residential market. Either lot of wholesalers are chasing same list or the 4 Ds (Death, Divorce, Downsizing or Debt) is no longer valid in current market conditions, thanks to technology. Most of the leads I am currently getting are on market or retails ready houses. 

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  • Jay TolugantiPro Member
    Investor · Clearwater, FL · Member since 2025 · 225 posts · 78 votes
    2d

    I have been looking for 3 months now in Tampa market. Something happening in the residential market. Either lot of wholesalers are chasing same list or the 4 Ds (Death, Divorce, Downsizing or Debt) is no longer valid in current market conditions, thanks to technology. Most of the leads I am currently getting are on market or retails ready houses. 

    • Siahna ImBusiness Member
      OP
      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      2d

      That’s interesting, especially after looking for 3 months. It seems like the competition for off-market opportunities may be making it harder to find deals with enough room in the numbers.

      Pacific Equity & Loan.4.684 Reviews
    • Jay TolugantiPro Member
      Investor · Clearwater, FL · Member since 2025 · 225 posts · 78 votes
      1d

      @Siahna Im with tighter margins, people who have theor own teams are able to pay more. So, the big box dispo companies are able to sell. But those numbers are not working for an investor. 

  • Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 340 posts · 124 votes
    2d
    Quote from @Siahna Im:

    Are you seeing more investors buying, sitting on the sidelines, or becoming more selective with deals?

    What's the investor sentiment like in your market right now?

    @Siahna Im, from what I’ve been seeing with investors in Maryland, they haven’t stopped looking. They’re just being a lot more careful about what they call a good deal.

    I’m seeing people spend more time looking at the numbers, repairs, title, insurance, financing, and the exit plan before they commit. If the margin is too thin or too many things have to go right, they seem much more willing to walk away. I always enjoy comparing what investors are seeing in different markets because it can be very different from one area to another.

    • Siahna ImBusiness Member
      OP
      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      1d
      Quote from @Diana Khan:
      Quote from @Siahna Im:

      Are you seeing more investors buying, sitting on the sidelines, or becoming more selective with deals?

      What's the investor sentiment like in your market right now?

      @Siahna Im, from what I’ve been seeing with investors in Maryland, they haven’t stopped looking. They’re just being a lot more careful about what they call a good deal.

      I’m seeing people spend more time looking at the numbers, repairs, title, insurance, financing, and the exit plan before they commit. If the margin is too thin or too many things have to go right, they seem much more willing to walk away. I always enjoy comparing what investors are seeing in different markets because it can be very different from one area to another.

      That’s a good point. I’m seeing something similar, investors don’t necessarily seem to be stepping away from the market, but they’re definitely taking a harder look at the numbers before pulling the trigger. The repair costs, financing, insurance, and exit all have to make sense together.

      It’s interesting how different the sentiment can be from one market to another. What part of Maryland are you seeing the biggest change in right now?

      Pacific Equity & Loan.4.684 Reviews
  • Divin KanyamaBusiness Member
    Accountant · Seattle, WA · Member since 2025 · 188 posts · 57 votes
    1d

    @Siahna Im From what I’m seeing in Seattle and the broader Puget Sound area, investors are still active, but they are much more selective than in years past. Higher borrowing costs, property taxes, insurance, and operating expenses have made it harder for deals to cash flow, especially in Seattle’s higher-priced neighborhoods. As a result, many buyers are spending more time underwriting each opportunity and are willing to sit on the sidelines rather than stretch their assumptions.

    That said, well-priced properties with a clear value-add strategy, assumable or favorable financing, redevelopment potential, or strong long-term fundamentals can still attract serious interest. Some investors are also looking beyond Seattle to areas such as Tacoma, Everett, Kitsap County, and parts of Eastern Washington, where the acquisition cost may offer more flexibility. Overall, I would describe the sentiment as cautious but opportunistic: buyers are not rushing, but they are prepared to move when a deal is supported by realistic rents, expenses, financing, and exit assumptions.

    • Siahna ImBusiness Member
      OP
      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      6h

      I’m seeing a similar trend. Investors don’t seem to be sitting out completely, but they’re definitely taking more time to run the numbers and stress-test the deal.

      The deals that stand out seem to be the ones with a clear value-add strategy and realistic assumptions. It feels more like selective buying than a true slowdown.

      Pacific Equity & Loan.4.684 Reviews
  • Brandon VukelichBusiness Member
    Real Estate Broker · Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs · Member since 2018 · 546 posts · 456 votes
    1d

    @Siahna Im I am local to your area and track all 2+ unit multifamily up to about $3M in Sno, King, Pierce, Kitsap and Thurston counties. Inventory has definitely grown substantially the last few months with many listings sitting 3+ months, dropping prices, going A->PI->A, etc. I haven't had a low appraisal in over 5 years and I had two in July, one killed the deal but we were able to salvage the other. Buyers are super picky, hesitant and waiting for price drops. I had a potential buyer call me after watching the listing for 5 weeks. Nobody expects to pay full asking unless the property was already priced very aggressively since day one. Almost every deal has seller concessions.

    On the other side, my seller/listing funnel has increased significantly as many smaller mom & pop or older investors are wanting to exit. For years, WA has been making it less attractive to be a small housing provider here. Owners are bailing, either straight cashing out or 1031'ing into another market outside WA.

    Broker at Multifamily Properties519 Reviews
    • Siahna ImBusiness Member
      OP
      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      6h

      That’s a really interesting perspective, especially the shift you’re seeing from both buyers and sellers. The increase in seller concessions and price adjustments definitely shows how much more selective buyers have become.

      It’ll be interesting to see whether this creates more opportunities for investors who are willing to be patient and negotiate.

      Pacific Equity & Loan.4.684 Reviews
  • Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
    1d

    I see a mix. I have a portion of clients active now before the Winter and the other side is waiting till December through February to get in the game or increase what they buy.

    • Siahna ImBusiness Member
      OP
      Lender · Lakewood, WA · Member since 2021 · 57 posts · 25 votes
      6h

      That makes sense. Sounds like there’s still activity, but investors are timing their moves differently depending on their strategy and the time of year. It’ll be interesting to see how much activity picks up once those waiting until December–February start buying.

      Pacific Equity & Loan.4.684 Reviews
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