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What an interesting situation to be in...lucky you or your research paid off :)

Went to an auction today for a house in Clearview. The house is in fair condition with apprx 740 sq mtr of land. The price bracket was $270,000 and the house was sold for $318,000 :eek:. There were in fact 5 bidders. Is it sign of recovery or market is holding even after FHOG is reduced...