Seller's Market Different Than Usual?
I think most of us can agree we're in the seller's market phase of this RE cycle but is this different than other phases in the past?
I'm seeing a tremendous amount of large commercial and residential properties being listed (and frequently sold) for insane prices ($20M - $200M) throughout the country. Mega malls, professional sports stadiums, expansive shopping centers, ten+ bedroom mansions, etc.
Maybe this has happened many times in past sellers' markets but for those of us who haven't been in the industry too long, is this normal?