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Competition for Detroit Investment Properties is Rising Daily!

May 17, 2012 COMPETITION No Comments

imageHey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog.  News Flash: Competition for Detroit Investment Properties is Rising Daily.

That right folks, more and more investors and starting to get involved with Detroit Real Estate investments each and every day.  How do I know this?  Here are 2 factors that helped decide that yes indeed, there are many investors jumping into the Detroit market:

Detroit homes are starting to sell faster.  This means that homes are spending less time on the market and buyers are picking them up quicker.
Detroit homes are starting to sell for more money.  This means that there is more competition and investors competing to buy homes which is slowly driving up prices along with local economic factors (new jobs being created) which makes Detroit investments even more attractive.

Guess what?  Both of these factors explain that Detroit Real Estate is HOT and will not be on sale forever.  With the competition rising daily for Detroit properties, you can only imagine what things will be like in 2-3 years from now.

Do you want to wait 2-3 more years to take action and miss out on all of the great deals?  Me neither!  That’s why it’s crucial that you take a good look at the Detroit Investment Property market today while it’s still a great buyers market.  The key is to take massive action and start building up your real estate wealth portfolio while the homes are still at a bargain price.  If you wait 2-3 more years, you will be facing a lot more competition and higher sales prices when Detroit starts turning into a sellers market.

If you are interested in learning how you can take advantage of Detroit Real Estate Investments today (and not tomorrow) please email: Ryan@InTheNowInvestments.com and request a 30 minute strategy call regarding our buy and hold strategy that is creating many wealthy investors in the Detroit Real Estate Market.  We are here to assist you in your wealth creation so don’t be shy and reach out to us when you are ready to take your business and your life next level.

Ryan and In The Now Investments have been in the Detroit area for about 4 years now and has completed over 320 deals in that time.  If you ever have any questions about Detroit Real Estate Investing, don’t hesitate to contact us at any time.  Happy Investing folks!

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