People Were Bidding it Up to Market Value

回答: We didn't get it..Jy1012012-10-30 07:56:53

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.

 

 

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都是QE3闹的,太多free$了 -Summer123- 给 Summer123 发送悄悄话 (0 bytes) () 10/30/2012 postreply 08:15:20

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