People Were Bidding it Up to Market Value

28-unit condo, it was bid up to the price at most 10% off market value.

21-unit apartment, it was bid to the price OVER market value. The buyer actually is paying premium to own it, this is crazy.

Like I said in the past several months, RE market is over-crowded.

It is awfully hard to make money when a trade is THIS crowded.

So maintain your discipline, and wait for another chance.

 

 

所有跟帖： 

• 都是QE3鬧的，太多free$了 -Summer123- ♂ (0 bytes) () 10/30/2012 postreply 08:15:20