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

To: John Vosilla who wrote (79580)	6/15/2007 12:06:29 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

Many do have a ton of equity but holding out for top dollar. you could be right, but i find that counter-intuitive in this market....the example i gave of my FIL's house $5k concession was a no brainer because it was free and clear anyone with substantial appreciation/equity in their home would be nutz to allow it to become a stale listing in this market in the vain hope of getting 'top dollar' take the money and run btw, isn't amazing how the 10 year at 5.20 suddenly looks tepid compared to the hyperventilation a couple of weeks ago about the 'psychologically important' 5% level? <g>