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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (57747)7/14/2006 3:01:25 PM
From: Still RollingRead Replies (1) of 306849
 
Thanks for posting the Washington Times article. I guess the capacity for self-delusion is one of the critical elements of a successful real estate career:

"Buyers today are more committed, which is good for sellers," says Susann Haskins, co-manager of the Long & Foster Real Estate Inc. Potomac/Cabin John office.
"When we had the frenzied buying of recent years, we saw people buying without giving thought to what they were doing," she says. "Sometimes, they would find ways to back out of contract. But today's buyers are more committed to the transaction because they've had time to see the house more than once. They've thought about it, and made a conscious decision rather than an impetuous one."

BUYING WITHOUT GIVING THOUGHT TO WHAT THEY WERE DOING....hmmm, what other market does that sound like circa 1999...
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