I have a short sale at 1924 Hicks Av. Great house on a slightly busy street 3 bed 2 bath 1840 sq ft for $599,000 I got multiple offers on it for well over asking. Granted the house is not finished, however I had 70+ groups through the house on Saturday!
Lower end buyers are ready to buy and there is just not much inventory out there for them to buy. It will be interesting to see what this does to pricing. Seems a simple supply and demand issue and it will drive prices up a bit…although we have all be surprised before.