Quote:
Originally Posted by jlousa
I doubt it, the speculators really dryed up a few years ago. There are still investors buying (hold to rent) but very few people buying to flip compared to a few years ago.
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That's true. The prices for presales aren't exactly at a huge discount so the incentive is not there to buy and hope to flip. Most of the buyers I suspect are investors with a few homeowners.
Look at BEASLEY & CAPITOL. After those 2 projects have completed, there haven't been that many units on the market.