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Real Estate
Reply to "Are sellers cutting prices in your area?"
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[quote=Anonymous]Yes, but houses are being listed way outsized to their value (e.g we looked at a house with substantial water damage listed at 555 - we asked the real estate agent if they’d be willing to negotiate- crickets - just saw they brought the price down to 545). There is a quiet correction going on. I don’t think there will be a crash - way too many people are invested - but I think housing prices will be flat or a little decreased for the next five years at least. You can’t have constant growth, despite the commonly accepted economic theories. [/quote]
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