I have to admit that I too feel a certain “glee” at watching the bubble burst, mostly because I’ve been calling it since 2001 and I hate to be wrong.
Has anyone researched this kensington transaction? Who was the realtor? This almost sounds like someone with that “Jannae(sp?) Magic”. Straw buyer or large cash back perhaps?
Yes, I may be grasping at straws (no pun intended), but I hate to think the market is rebounding already.