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Updated almost 7 years ago,

Account Closed
  • Los Angeles, CA
56
Votes |
73
Posts

Seller's Market Different Than Usual?

Account Closed
  • Los Angeles, CA
Posted

I think most of us can agree we're in the seller's market phase of this RE cycle but is this different than other phases in the past? 

I'm seeing a tremendous amount of large commercial and residential properties being listed (and frequently sold) for insane prices ($20M - $200M) throughout the country. Mega malls, professional sports stadiums, expansive shopping centers, ten+ bedroom mansions, etc.

Maybe this has happened many times in past sellers' markets but for those of us who haven't been in the industry too long, is this normal?