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Written by Jim the Realtor

September 3, 2015

sept 2015

There was a time at the end of the last boom when the new list prices hit hyper-speed, and it was such a turnoff to buyers that it seemed like they gave up.  I remember a similar feeling back in 1991 too.

The crazy part is that the new listings that are reaching for the moon are making those listed 2-3 months ago look like deals!

2 Comments

  1. Jiji

    I think if the home listing price gets too out of wack, I think you are right they will just lose interest BUT, at the same time there are not a lot of must must cannot wait must sell now homes on the market.
    Unlike 1991 and 2006-7 where they were building a lot of new homes, I think that will prevent a crash IMO, it will just kind of level off.

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