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Right Brain

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  • 7 Questions
Agent

Who is calling the bottom?

Right Brain answered:
Everyone expected a Spring increase in volume which we are having, but increase over what? The 62% drop in 1st quarter sales?

Everywhere I go in the Hamptons I still see sellers who bought a house in the last few years for X and now believe that its worth 2X. Generally they believe that the house was earning more than they were.

There are buyers everywhere, the first thing they do is look up the previous sale, if its higher than 2003, they keep stepping. - Wed Apr 29 2009, 04:07

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