Re: what is the least liquid - Posted by Lee
Posted by Lee on February 25, 2009 at 16:48:46:
Raw land in my area sometimes takes 5-15 years to sell unless you are willing to sell it at a bargain price ($15000/acre).
Multi-family & commercial is somewhat slow in my area. We had alot of california investors that came in and bought alot of apartment complexes in low income areas and fixed them up and now they are trying to sell them for $20,000/unit and none wants them. The complexes have been on the market for about 3 or more years.
Single family houses in white collar areas seem to sell the fastest in my area.
Single family houses in low income areas take awhile to sell and normally sell to investors.