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To: robnhood who wrote (85888)3/26/2001 9:48:36 PM
From: XBrit  Respond to of 436258
 
<<Is the above a new phenomina? I have recently been under the impression that one had to beat away fistfulls of money just in order to keep the buyers at bay....>>

Yes I believe it's a new phenomenon. Well-located, low-end houses are still very easy to sell, but no longer go in one day at 10% over the ask. As I said, the neighbor is pretty tuned in to current RE market conditions.

($515k is, of course, low end in Silicon Valley)

Julius@NearPovertyEstates.com


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