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01-13-2009, 10:13 PM
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#11 |
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to live and die in LA
Join Date: Feb 2003
Location: Los Angeles
Posts: 2,090
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Our house had 5 offers on it, and someone bid over us by $25k, so we backed out.
The market changed dramatically about 2 weeks ago. New properties are coming on the market priced very competitively, there are a flood of new buyers coming with cash saved up and at 5% loans, they can be aggressive. Good properties that are priced well go quickly, in any market.
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to live and die in LA |
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