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Reply to "Feels like market is hitting a wall"
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[quote=Anonymous]I don't know if the market is about to correct or not, but from this potential buyer's perspective it does appear to have ground almost to a halt. I myself am no longer actively looking, after having been substantially outbid earlier this year at ridiculous prices. The reason for the slowdown isn't that buyers can't buy, it's that sellers can't buy and that's why eventually this will all need to crack up-- or we will be looking at a decade of a broken real estate market. Markets usually correct unless governments make bad policy choices-- both outcomes are equally likely IMO.[/quote]
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