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Surprises me..... that these small five houses..... in the city... on tiny lots....would be in such high demand.....so much that there are ongoing bidding wars for them....pushing the price up to the low $400,000's.
I thought that most people want to move out of the city. Apparently there are people who have lived in this part of the city their whole life....maybe in a tenement they own and have extended family and friends in the neighborhood that they would rather stay close by. That and the limited supply of any new houses in that area. Smart guys running the company I work for..... always in the right place at the right time to capitalize on any given situation.
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