Apr 24 2009

Low Prices Lead to Bidding Wars in Some Markets

This is an article by JAMES R. HAGERTY of the Wall Street Journal from 4/23/2009.
As we have been discussing, the low prices are generating accelerated sales activity in some markets.
The prices are still not going up due to the consistent pressure from bank-owned inventory. However as more buyers’ interest is present, it signals that the window [...]