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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (1899)	2/26/2002 10:58:28 AM
From: Tradelite	Read Replies (1) \| Respond to of 306849

No, I don't work with a lot of buyers at all, anymore, but plenty of people I know do. They all say inventory is still very low. They also report buyers being very frustrated at not being able to find what they want. Meanwhile, a home just got listed in my neighborhood with the following features and price tag: three bedrooms, three baths, postage-stamp size rooms, no garage, half-acre lot. Price $749K. That's basically what the lot is worth, and at least half the people who look at the house will entertain the idea of tearing it down and building new.