Spring market winding down?

It wasn’t much of a market and I know I’m still working with buyers but the contracts being recorded these days seem to be mostly on the modest end of the scale. Nothing impressive is showing up in the new listing category and what’s left of the inventory (a couple of years worth, I’d say) is pretty picked over. Sellers are still holding out for dream prices, buyers are still reluctant to pull the trigger, fearing that people like Mr. Schiller might be right and we have … stalemate. This could be a summer worth taking off.

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2 responses to “Spring market winding down?

  1. Walt

    Dude –
    Taking off from WHAT exactly? Driving? Listening to the radio? Surfing porn on the internet?
    Your Pal,
    Walt

  2. On the outside

    As a serious buyer, I agree, there is nothing really worth buying yet, we have our eye on a couple of houses but they will come down eventually. We are looking at the 3.5 to 5m market.