Prices in certain areas have more than doubled these past three years and there is no fundamental to account for it.
Some people say that the real estate bubble in El Segundo is going to pop soon but the fact is it just makes preconstruction real estate even more valuable.
Broker gives suggestions to sellers to increase the cost of assets and also about finest piece of land to the buyers.
There may be times when this is an acceptable strategy and times when you should walk away from the loan, even if it means walking away from the deal.