1 Comment

1. 

   Eddie89 on October 19, 2015 at 2:36 pm

   This video reminds me of something I just read in another blog:

   When houses get priced based on outstanding loan balances rather than the market, it’s a recipe for stale listings. Thus we have a market where the few reasonably priced listings go quickly with multiple offers and the cloud inventory listings just sit there.

   I suspect that there’s a lot of this going on with sellers.
   Source: http://ochousingnews.com/blog/housing-inventory-abundant-at-prices-buyers-cant-afford/