Mid to higher end REO market status?

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autox_IHB

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The lower end REOs seems to be hot currently with multiple offers going above asking. How are the mid to higher end REOs doing? (600k-1mil). Are they also getting multiple offers, sold for higher than listing and getting sold in a few weeks?
 
[quote author="autox" date=1252367785]The lower end REOs seems to be hot currently with multiple offers going above asking. How are the mid to higher end REOs doing? (600k-1mil). Are they also getting multiple offers, sold for higher than listing and getting sold in a few weeks?</blockquote>
All REOs sell. Maybe not within weeks, but they sell because the banks keep lowering the price until they sell.
 
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