Including all your soft costs?

Problem is most people are fishing for bass in a trout stream.

Many of our text books have gone completely soft copy now.

The market is relatively soft for Ashland, but properties sell and if the our local papers are correct, Ashland is bucking the national trend.

While I don't want to speak for him, I think he's in the East Bay which I believe to be on the soft side as I mentioned in my original post.

In an earlier thread I was asked by another boarder to give my opinion on the new book "Making Hard Cash In A Soft Real Estate Market" by Wendy Patton and Justin Ryan.I just read the book and found it to be an easy read that had some good information.

Why is it in a market where you fight to overpay for property that real estate investors crawl out of the woodwork to start buying (like 2004 and 2005 where investors were content with sometimes less than 7% ROA) compared to the now very soft market when seemingly every investor I know or meet sits on their hands avoiding the best buyers market in years??

Some housing markets did not pause while other housing markets were soft during the recession.So, focus on local conditions mostly and figure out what drives your local market.If you are buying at 30% below the market it matters a lot less.

Looks kind of soft to me.

I agree with what someone mentioned about " the property is its own best comp" Once a property is purchased for "big discount" what do you think the next forclosure or REO may sell for (or below) if the market is soft?