Consider this, Piggs. If you have your eye on a highly desirable block or concentrated area (for a future purchase or fixer oppt’y), there may be others who have longtime neighborhood agents in that locale whom they have “put in an order” with for a property in the Muirlands with a rear lot facing SW (both whitewater and Mission Bay views). Alas, there may be only 12-14 of these that totally (or almost) fill the bill! And, of course, none are on the market and their agent may have already contacted potential sellers.
These potential (invisible) buyers may be “ready to pounce for a quick closing” at any given time. They’re NOT HERE, Piggs. They’re in NY, VA, SF, Chicago, Dallas, HI, Japan, China, etc, living their lives. They’re not going anywhere and neither is their $$. They’ve got the time to wait it out.
THIS IS YOUR COMPETITION for SD’s most prized areas, Piggs :={
There’s nothing we can do about this if we need a mortgage.
