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Join Date: Mar 2004
Location: Los Angeles
Posts: 17,646
Quote:
Originally Posted by fanaudical View Post
My opinion - We saw that trend start back in ~2008 during the subprime fiasco. Banks were foreclosing homes and sitting on them to get the prices back up so they could mortgage again.
I tried like hell to buy but only if you are in the club that they will return a simple call. My agent was trying like hell too. some that have the connection or many agents would advertise that they have the connection but haven't got siht but an empty ad. We were writing offer 30 over the asking (norm was about 15-20back then) with no contingencies. That was when the corp came into socal and hung my ass dry. Still we did pretty well, but its has gotten so much harder after that. Corp almost own more of the mid size cities in middle America. There are always bred crumbs to be had if you really want it.
Old 11-23-2023, 10:59 PM
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