sdr,
Just to make sure I understand…
You see multiple bidders on properties that are priced right, but there they are unwilling to push the price up substantially?
Does this imply they are investors? My premise is that families would be more apt to overbid than a savvy investor who has crunched the numbers carefully.
[By the way, I’m a (mostly) lurker who very much appreciates your posts, even though they’ve been depressing me lately.]