I don’t want to submit an offer. I’m concerned it might get accepted.
The market is on too unstable of footing for my taste at the moment. My concern is the housing market is like all the people with the Wii’s that are up for sale on Ebay today (Dec 22nd). At 4PM, what’s the guy that didn’t sell it at $450 because it didn’t meet his reserve got? A Wii, maybe two… what are the Wii’s worth on ebay the day after Christmas?
Unfortunately, many SoCal house sellers haven’t figure out that its the day before Christmas eve and there isn’t a postman on shining jeep to deliver them from their Wii.