Raptor I know it is more then a little frustrating. Real Estate is a game that is played over several years and you will continue to see these sorts of shenanigans, especially in the high end areas. No magic pill for you on this one except you should stick to your guns. Don’t be afraid to submit offers well under the asking range. You can submit 100 offers and get 100 no’s but all it takes is one. I know it takes an extraordinary amount of time and energy.
Perhaps just rent down here the first year or two. Again the high end places will come down but as to how much and when? I am not sure. Many will say they will come down just as much as the low end. I am not quite sure I agree but they will come down. The more money they have, the more they can wait. Also the few distress deals that do come up do usually get snapped up.
Flippers ARE still out there.
Yes you are vexed but keep your focus. We will provide the moral support.
