I wouldn’t be surprised if your 1B estimate is low. How many recorded sales has there been in the past 8 years? I’m thinking over the past 4 years each year was record breaker and right now there is a renewed buying frenzy. When Trump wins there just might be some bargains to be had.
I agree that one billion is probably low.
Pay through the nose now, or risk paying 2x through the nose later.