Nice grabbing a couple words and using them out of context. Limited supply creates stability and upward pressure. That cant be argued. Obviously there are other factors. I look at all factors not just one side. Show me where I said the markets were going up?
FYI, I just checked RealtyTrac in my hood. There are 2 properties showing as auction that is a closed sale. Neither appear as MLS listed. There is another listed as auction (does not appear as mls listed) but is a short sale in process. There is another listed as auction (loan mod in process). There is another pre-foreclosure (does not appear as mls listed) which is short sale in process. I’m having a tough time finding one they got right.
