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multiple offer runner up

Runner-Up Home Buyer Lament: “But, I Would’ve Gone Higher!”

“Highest & Best,” Defined [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] One of the more anguished — and fruitless — laments uttered by Buyers who just found...
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Rocket Fuel For a Rising Housing Market: Multiple Offer Runners-Up

Chasing a Rising Market Many stock market observers believe that one of the key ingredients fueling recent record highs is something called “short covering” (note:  I’m one of them). Whereas investors who “buy long” make money when stocks go up, short sellers profit when stocks fall (technically, they borrow stock to sell when they believe...
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