I found this fascinating quote today:
The market is rough right now. There is NO way to sidestep it, nor to put lipstick on that pig. Going against the numbers from a year ago, just about everything is down… and we thought it was a bloodbath then. The only bright spot is that New Listings are also down… and inventory is substantially lower than the previous year. Also, Pendings are only off by pennies… which forebodes well for sales. But, sales ARE still down. Prices are taking a beating. Days on Market isn’t showing any kind of clear direction.Lilburn, Feb 2009
You should read the whole article.
Subscribe to CommentsComment