Condo Wars

As many of you know, Jim and I have been searching for a small condo to purchase since last August. We have been surprised that so many of the ones that we liked have been snapped up by buyers almost as soon as they hit the market. It is disappointing to us to find a unit that we think is perfect, only to be told that it is already "under contract" or "sold." We have been shut out about thirty times already! Plus, we have also put offers on five available ("active" in real estate lingo) condos, only to be too late or outbid. Are there really that many people in southeast Michigan buying homes? And, in particular, are that many people looking for exactly the same type of real estate that we desire? Apparently, the economy in Michigan is not as terrible as I thought. At least not in the buying and selling of condominiums in our area. Hopefully, the market will be booming just as much when we decide to sell our much-sought-after condo sometime in the future.