INVESTORS THROW OFF THE MARKET

Remember when an investor would show up and offer all cash and quick close? Agents went into warp drive and the banks took the bait and foreclosures and short sales were moving. Then, those same investors were spending a few well placed dollars and flipping for good money sometimes as much as a 60% return in a few short months

THE PARTY IS OVER

Banks and investors took a long hard look and correctly figured out that instead of a flipper making that much, they could make more and the flipper could make less. Multiple bidding kicked in and the banks garnered more for their share. Things slowed down a bit but moved steadily

ARMS LENGTH TRANSACTION

Many involved in the transaction process saw great creative opportunities and seized them and for a short while prevailed and made good money until the banks figured out again that these deals were too convenient and something wasn't right. Signing that the deal is not a coordinated effort between known parties became the norm. This slowed down the market just a little too

BANKS GET SAVVY

The banks have become savvy because of all the investors getting involved. In the beginning investors sped up all the sales because of all cash quick closings and then it slowed them down when the banks and investors saw they were losing too much money and that they could get more $$.

INVESTORS THROW OFF THE MARKET

In any event, investors throw off the market with all their turnover activity showing demand when in real life it is just nice returns on money invested. It is the stock market principal at work instead of the home-ownership dynamic. Owner occupied buys into the neighborhood and settles in for the longer haul. Investors go in and out causing spikes in numbers or rate of returns

CONSISTENT REAL ESTATE

Everyone is after quick equity and treating Real Estate as a short term gain. That will never do and evidence of making a quick return is starting to show up. Instead of steals and deals, we are returning to FAIR MARKET VALUE which benefits us all and chases away the quick buck artists

Always remember to get a local Real Estate agent involved for the best results