I agree with HereWeGo and am happy to hear what sdrealtor said. I hope many, many buyers run out and do their thang… I’ve only seen crappy homes at reduced prices (at least, not any homes that I would want to buy) so the more buyers snatching up those deals, the less competition when I mosey on into the buyer’s pool.
Remember the wise story about the young bull and the old bull? They are standing on a hill and see some cows. The young bull says “let’s run down there and bang one of those cows”. The old bull says “no, let’s walk down and bang them all”.
If you switch bulls to bears and “a cow” to “a house” and “all” to “a nice house” and “bang” to buy then this perfectly describes our situation. ;D