real estate market slowdown: Don't Confuse Brains for a Bull Market
- 09/19/07 08:58 AM
June 4th, 2007 During the high octane days of real estate that just ended in the last 12 months, everyone was “in the game” and some got a false sense of confidence via “The FSBO”, or for sale by owner. The market in many parts of the country has slowed considerably, and in some parts, even reversed with prices both ask and closing being reduced sharply. The consumer is usually the last person to discover this due to their limited exposure to the day to day activities in the real estate market place. As a result they believe that even though … (0 comments)
June 4th, 2007 During the high octane days of real estate that just ended in the last 12 months, everyone was “in the game” and some got a false sense of confidence via “The FSBO”, or for sale by owner. The market in many parts of the country has slowed considerably, and in some parts, even reversed with prices both ask and closing being reduced sharply. The consumer is usually the last person to discover this due to their limited exposure to the day to day activities in the real estate market place. As a result they believe that even though … (0 comments)
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