The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mick Mørmøny who wrote (41344)	9/15/2005 6:35:26 AM
From: KM	Read Replies (1) of 306849

Maybe they're waiting for her to shut up. What a idiot. <<However, Karen Peterson, last year's president of the realty association, said sellers shouldn't panic and buyers should not hesitate if they find what they want. "I think we're still adjusting," Peterson said. "Last year was such a hot market." She said that in a few cases buyers are outbidding each other. Areas where prices are down saw rapid increases earlier. But the big bugaboo remains the anticipation that the proverbial real estate "bubble" will burst. "People think prices are going to go down and the statistics keep telling us they're not," Peterson said. "They need to buy. We have an excellent inventory, excellent interest rates. What are they waiting for?>>

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