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June 25, 2007
Most Don't See A Housing Slump
Sales volume is off in many markets, but some home owners still aren't willing to lower their prices.
A recent CNN/Money article confirms what we've been seeing: Most people still don't believe that there is a housing slump. We see this mostly in terms of sellers who cannot imagine that housing prices have fallen, thus they set their prices too high and properties remain on the market for an extended period of time.
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Posted on June 25, 2007 08:33 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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