It must have been a good deal because the properties we’ve been looking at aren’t moving that quickly.
That said, we’re looking at newer properties that are higher priced than older ones.
I’m sure it’s mostly due to the fact that they have to ask for more to minimize negative cash flow, so the price is higher than the HOTTTTTer market will bear.
We’ve passed on every one we’ve seen (and they linger on the rental market), buy I’m sure we’ll find one that’s a good value to us.
