What Market are we in Right Now?


OK, Pop Quiz

Are we in a buyers or sellers market for housing right now?

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John Galt September 25, 2012 at 07:48 PM
Pop Quiz answer: Neither! Can't get funding from the banks in a reasonable time. 45 and 60 day escrows with qualified buyers is crazy. In truth, most of the time wasted is because of the incompetence of the employees with the lenders.
Marcus Boyd September 28, 2012 at 12:46 AM
ANSWER: A residential landlord's market. Residential landlords who have any investment capital are snapping up properties as fast as they can, while rents, and demand for rental properties are the highest they have ever been. Now the question is: Is there another bubble on the horizon? If not housing, how about those gold prices? Investors would be wise to stay ever vigilant!


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