As a buyer, why would you even bother looking at those houses that are listing at horrendously high price? Just ignore it all together and just look at those are are listed at a reasonable price, which end up getting sold.[/quote]
Because in an **inventory constrained** market, the few listings that are out there are tne ones we have to contend with. Anything that is fairly reasonably prices has multiple offers within a few hours. It’s not nearly as easy as you might think, AN.