Quote:
Originally Posted by smoothmoniker
Our house had 5 offers on it, and someone bid over us by $25k, so we backed out.
The market changed dramatically about 2 weeks ago. New properties are coming on the market priced very competitively, there are a flood of new buyers coming with cash saved up and at 5% loans, they can be aggressive.
Good properties that are priced well go quickly, in any market.
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That's bad luck smooth. Good luck finding another one you like mate. Sounds like you might still have a few good options though.