Reading too much into a properties # days on the market?
While listening to one of the recent BP podcasts and the idea of analysis paralysis I remembered how yesterday I was looking at a property that I felt would be a pretty good multifamily buy. When I noticed it had been on the market for about 2 months, my first thought was that this property would have been snatched up if it was a good property. I keep thinking that if I do not find a property and look to close on it quickly after it is posted on the MLS then all the ones with good cashflow will be taken. Am I reading too much into this idea that "properties still on the market must have something wrong with them" idea? Anyone else over think things in a similar way? Thanks for the help!