But the distressed sellers dont have to take distressed prices. The homes arent selling at bargain basement prices. They are getting bid up to retail and more than the comps in many cases. Sometimes they do go cheap like in that case. Having seen everything in MM the last month that house blows away what I am seeing get multiple cash offers at the same price every day.

Longtime bears want to beleive its a buyers market out there but any one who is out there trying to buy something knows that could be more false.