We're all investing in F&F for two obvious reasons: 1) a real turnaround of the real estate market or 2) huge potential for future profits of F&F with the talks resurfacing about getting rid of the government. So let's do some basic checks on your market:
1) Are you seeing quick turnaround in your area on housing sales ? quick sale ? higher than offer price ?
2) Any new construction projects ? lots or rarely ?
3) how does inventory look in your area ? low or about the same as a few months ago ?
4) what area are you referring to ?
For me, the Seattle and sububs are seeing very active bid/ask offers and homes are sold less than 2 weeks on the market. Most of them are either at or above asking price. Hard to find inventory and much less than a few months ago. Some new construction but not much as land is getting scare.
1.) Yes, being outbid by 15%. CASH
2.) Everywhere. Being snapped up before they are even finished. 10K deposits on condos of 550K, 2bed2bath
3.) LOW TO NONE. See #1 from above.
4.) My answer probably skews this survey though. Bay Area, California.