Dayton real estate undervalued by 16%
According to Trulia.com, Ohio has five of the top ten undervalued real estate markets, with Dayton real estate undervalued by 16% and coming in at #4.
Of course, California dominates for overpriced markets with 8 of the 10 most overvalued markets.
Read the full Trulia article here. http://www.trulia.com/trends/2014/06/bubble-watch-q2-2014/
Personally, I’m seeing more activity in 2014, than in 2013. There is more demand for lower priced homes as investors and homeowners are both buying properties.
I’m encountering more “multiple offer” situations, especially when the houses are priced right. There is still a lot of inventory, but now there’s competition for them.