Anecdotal Story (co-worker/flipper)

edited April 2008 in Seattle Real Estate
I work with a co-worker that has recently unloaded all of his houses. He ended up selling them all by undercutting every house in the neighborhood by 50k. He had a pissed off neighbor confront him and yell at him explaining how he was single handedly "ruining the market" for everyone else!

I wonder how many other flippers are realizing its panic time.

Comments

  • He who panics first panics best...so Seattle please start panic and melt down
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