“But what likely ended up being 50 offers on a single property in the face of an awful market is wake up call for anyone expecting massive declines soon in relatively desiareable areas.”
I’m awake already. I’m just not going to buy anytime soon. There is absolutely no rush. “Patience is the new “bold”.”
Just out of curiosity, sdr, where is your “price point”, i.e. certainly you must have drawn up a set of new paradigm criteria for those “must have” investment properties you speak of occasionally? Are we getting near?