I think the up coming RE auctions are going to set the new price trends and with thousands of homes going into forclosure
this is were we might get our lowball offer/bid accepted in the short term. Eventually the average home seller will have to stay competitive or just not sell. Like others on this thread have said once its common knowledge that homes are not going to fetch insane prices anymore will sellers begin to take a second look at a lowball offer, were not quit there yet.
As for me, I’ve stopped even submitting offers. RE is dropping so fast that I feel like I’m going to cheat myself if I buy now even at a discount. I’ll let it run its course a little longer and jump in when it feels just right.
