4 Places with falling home prices that are perfect for an investment service
5 mins read

4 Places with falling home prices that are perfect for an investment service

Zephyr18 / Getty Images / Istockphoto

Zephyr18 / Getty Images / Istockphoto

Falling home prices can provide an opportunity for real estate investors to make a deal. Even if Home prices is not in free fall everywhere, the following markets have seen falling prices, which can mean more Opportunities for real estate investors.

Explore more: 25 places to buy a home if you want it to get value

For you: How the middle class earns quietly becomes millionaires-and how you can too

Trends now: Suze Orsh’s secret for a rich pension-have you made this money to move?

Atmosphere

  • Typical home values: 386 771 $

  • One year’s value change: -1.9%

The housing market in Atlanta has subsided to a search, with housing that sits on the market for about 51 days before they go under contract. Although Atlanta has seen falling housing prices, it is still a popular southern city with room for growth in the future.

Be conscious: Real estate agents explain why you should never invest in these seven home functions

Austin, Texas

  • Typical home values: $ 514,193

  • One year’s value change: -3.8%

Although typical housing prices are still over $ 500,000, the Austin residents have seen housing prices take significant tumbling. Not only does home values ​​fall, but sellers usually wait 76 days before going under contract.

In this buyer’s market, real estate investors were able to find motivated sellers who are willing to develop an attractive business.

Denver

  • Typical home values: 545 849 $

  • One year’s value change: -1.3%

Denver has been a hotspot for people who want to move to a beautiful city surrounded by natural beauty. Although the city saw big profits in recent years, housing prices have begun to fall. In addition, the seller takes about 42 days to go under contracts, which can put some people to negotiate with buyers looking for a deal.

San Antonio

  • Typical home values: 251 098 $

  • One year’s value change: -2.4%

San Antonio is known for the Battle of Alamo and has been a popular place to live for decades. Although housing prices remain relatively affordable, home values ​​have dropped by over 2% over the past year. Since it takes about 53 days for homes to go under contract, investors can find a motivated seller who is willing to offer a lower price.

Tips for finding a valuable investment resident

When it comes to finding the right investment property is to run the numbers an important element. But to find a place that meets your financial goals, the following tips can help:

  • Expand your search radius. Although it is tempting to invest only close to where you live, it may not be the right market for a rental property. Don’t be afraid to consider house outside your first search area.

  • Find off-market agreement. The best offers usually do not stay on the market for a long time or do not even do it at the listing stage. If possible, search for marketing agreements to increase your chances of finding a home race. One way is to get in touch with wholesalers in your area. Another is to call property owners to see if they will sell.

  • Work with a real estate agent who knows their things. A large real estate agent can streamline the buying process. Do not underestimate the power of a large agent. It may take time to find the right person, but do not give up the search.

  • Network with other investors. Not only can other investors point you in the right direction, but sometimes they want to sell. It never hurts to participate in local real estate network events.

  • Negotiate creatively. When it comes to buying a property, it never hurts to ask for the moon. Go beyond asking for a lower purchase price and ask for the seller to cover projects you have to deal with anyway.

As a result of buying an investment service, it is crucial to be trained about your options. Take advantage of free resources to increase your knowledge before you become a landlord.

Takeaway

Searching for an investment service in the right market can make it easier to find an attractive business. In hot markets with rising prices, it can feel like finding a needle in a haystack. But as the market cools down and prices fall, you are likely to find more investment opportunities that are present. When you seek the right property, take the time, run the numbers and never be afraid to negotiate.

The editor’s note: Data from the housing market came from Zillow and is correct from 30 January 2025.

More from Gobbankingrates

This article originally appeared on Gobbankingrates.com: 4 Places with falling home prices that are perfect for an investment service