RE: Welcome to the dead zone by dmv at 11:01 pm EDT, May 13, 2006
Decius wrote:
Contracts are being canceled, deals are drying up, prices are starting to drop. The psychology is shifting even as thousands of new homes and condos join the for-sale listings each day - so the downward pressure will only get worse.
Speculators who bought overpriced condos in hope of a quick killing are going to get hosed.
Hold on to your hats.
It is a pretty nice time to be shopping for a house...
