Weak housing market? I don't think so....

[NOPANTS68]

I feel your pain man. I just made an offer on an investment property Saturday in the sub- $200k market. I've looked at 22 homes and it's been a war just keeping up with what's available and what isn't. By the time we made walk through appointments on some of these houses, they were locked up in escrow. It's totally insane. I've got my fingers crossed in that we found this house in the first four days since being listed, and got our offer in. I've already been warned that it's one of many though. I've also been beaten out by full cash investors three times this year.

Having said that- my broker did say that everything north of $500k in our area is pretty dead.