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Does the market of foreclosed homes get tight?

Im an aspiring real estate investor and was curious if the competition of buying foreclosed homes result in  a very much more scarce number of them, or are they usually in abundance?
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September 23 2013 - Wyoming
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Dear Michigan Wyoming, 

Every market is different and it depends where you are looking to buy.  I know the market in Wyoming fairly well but in Michigan it's a different story.  I would be cautious of high returns around Detroit and other areas where many homes are vacant.  You might want to check out The Real Estate Guys Radio Show that provide helpful podcasts on investing. 


Best of luck!
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September 23 2013

Markets across the US differ, so an answer for your question in my area may not apply in Wyoming.

Aspiring real estate investors often times get their backside handed to them in a pretty box, so if I were you, I would work under someone who is active in your area, and learn from them. Successful investors don't waste their time on advice forums like this one - they are too busy making money...

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September 23 2013
 
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Does the market of foreclosed homes get tight?
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September 23 2013 | 2 answers
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