Quote:
Originally Posted by ncrx
No buyers, no sellers
people who arent in need of selling simply won't sell.. i dont see how someone is going to realize an immediate 20% loss unless they're in dire circumstances forcing them to sell
just b/c sales numbers are ugly doesn't mean suddenly everyone's dropping their house on the market for a fat discount
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It would interesting to see how much inventory has come for sale compared to last years august.
People are now hearing the horror stories that the market is slow and not putting anything up for sale