NYer I assume you saw 4628 terraza mar marvelosa went for 1.010M…frustrating indeed.

bob007 I am not sure why. It could have to do with the ratio of cash to financing, quality of the buyer, etc… I know it can be frustrating. Also with regards to the banks you gotta be on it man…or shall I say your agent just needs to be really active pestering the listing agent to see how many offers there are and how strong yours is. The problem is that the listing agent may bs your agent. It is a poker game.

Hang in there man. It is not like you will be squeezed out forever. There is simply to much inventory right now.