My personal experience is that quite often "luck" is just someone winning via statistics. After all, when you try something that has a 1% probability of success seventy times, it becomes a coin toss whether you succeed at least once. I was "lucky" with the apartment I bought because I've become obsessed with checking listings and at one point was doing it several times a day. Took eight months to find the right prope…
Can you help me understand those types of real estate markets? If they are sold immediately doesn't that mean the sellers are giving up substantial gains by not asking enough?
What I do know is that most of the apartments I've seen which were offered at a good price went for sale as part of a divorce settlement. My significant other has an uncanny talent in getting such information from people.
This neighbourhood was planned with families in mind and people hold on to their properties here, so I suspect it's mostly divorcees wanting to deal with the matter as soon as possible.
Normally investors scoop it all up, but at the third attempt in this area I managed to get ahead of them.