There are so many investors buying properties for all cash under $350000 or so that it's almost pointless to look at them for yourself. Once they come out on the market, they are snatched up within hours amidst dozens of offers.
You need an agent who is in touch with the big REO listing brokers and can get access to their fall out properties before they are placed back on the MLS. I can help.
YES! they are seeing that the market is good for them. I see bank owned properties only lasting a few days and their gone. One month later they are back on the market for more money and a few fixes done to them.
There are more buyers then properties.