The QE3 should cause more folks to look for healthier yields from hard assets.

The yellow carpet pictured here was from the duplex on Dixie, listed for $1,050,000 (and now pending) for what is essentially a teardown.  Someone made a cash offer that was $100,000 over list price….and lost:

Here’s another one below. These four 1-br units are on a 50-foot wide lot with no view listed for $1,599,888 yesterday, and it’s a teardown too. But it already has an offer on it – the link:


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