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Updated over 13 years ago on . Most recent reply

Cheryl C.'s profile image
Cheryl C.'s profile image
Cheryl C.
  • Investor
  • from Reston, VA
  • Member since Mar 24, 2011
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Cheryl C.'s profile image
Cheryl C.'s profile image
Cheryl C.
  • Investor
  • from Reston, VA
  • Member since Mar 24, 2011
Connect
Cheryl C.
  • Investor
  • Reston, VA
190
Votes |
683
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General Real Estate Investing

Is it getting too crazy out there?

Cheryl C.
  • Investor
  • Reston, VA
Posted

Today something went on the MLS (short sale) at 10am. By noon the key was gone. By 2pm the lister amended the MLS to say "no more contracts/requests for combo". Bubble? Good deal? Asking 145K, comps (all distressed 200K). The DC area has been decently off the 2009 lows. What's up? Step up or step back? There is alot of cash chasing few deals.

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