home sales: An Eye opener..... "It's only happening to us"
- 02/13/08 12:54 AM
Just had a guy in our neighborhood Yahoo group commented that the drop in prices in our community was the fault of those home owners who cut and run and didn't stand firm on their prices. Did you know there are people out there that believe this market is only happening to THEM. The following was my response to the on-going discussion: ".....Interesting article. As pointed out before, the real estate market is cyclical. Based on historical assumptions we can expect 3-4% appreciation per year as a National average, but each individual market will respond differently at different times. Its not a straight line....there are … (1 comments)
Just had a guy in our neighborhood Yahoo group commented that the drop in prices in our community was the fault of those home owners who cut and run and didn't stand firm on their prices. Did you know there are people out there that believe this market is only happening to THEM. The following was my response to the on-going discussion:
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