Let's face it folks, we're in a standoff between sellers and buyers. Sellers just will not, will not, will NOT give into the fact that they missed the boat. They will not admit that the peak is past. They figure that as long as they hold on (and on and on and on) there's just GOT to be someone stupid enough to pay full asking price or damn near full price.

Buyers, on the other hand, in our area, do exactly what the Boston Globe tells them to. No matter how desperate to leave the old dump and find a new palace, no matter how low interest rates are, the Globe tells them "Don't be a chump! Don't buy now!" So, they not only don't buy, they don't even look.

Big drag.

Eventually someone has to blink, and I believe it's going to the sellers. And soon.

The good news, we're getting rid of all the part-timers and former engineers.

Now, if only the 60+ crowd would start to go away...