Quote:
Originally Posted by HeadPimp
Not all markets are struggling, that is a myth. Another thing that was pointed out is that while the market has slowed it is like going from 75 miles per hour on the highway down to 60. Feels a lot slower, but you are still clipping along.
That is pretty much what is going on in the Seattle area.
May I also point out that it is only truly an investment if it is generating revenue.
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Home sales are 5% higher last month then they were a year ago in Charlotte. People are still moving here, the property is really undervalued as far as other big cities. So, the charlotte market isn't struggling at all. Rates may be high but people are still moving to Charlotte.
It will generate revenue when I sell the sucker in a few years.
