Dow Plundges again today, more problems

[beat90tsi]

@ShalerPunk

My friend is still flipping houses for a living, and has a bidding war between two people to buy one OVER listed price. I think Pittsburgh is in a lot better shape, having not had nearly as much of a housing boom as the rest of the country.

Are these $5k homes that banks are selling because they’re trashed? I mean a $6k offer on a $5k house I can see, but if your buddy is paying $150k for homes listed at $125k, he isn’t going to be in business very long.