Small Apartment ($1M~$1.5M), Seller's market?
Hello BP Advanced Users, I am new to this world. I have several single rental homes and I am trying to purchase a small apt in the range of $1m~1.5m. Brokers tell me that it is currently a seller's market with the Apt price recovered to the previous highs. Originally I thought it was a good idea to purchase Apt now as the interest rate is low, however with the current high price of Apt, does it make sense to buy now? Your experienced comments are greatly appreciated for this newbie. Looking at State of WA market.