07-25-2006, 06:11 AM
I don't trust the realestate people. They are in the business to sell, sell, sell! Just look at those that use this forum as free advertising. Of course they aren't going to say prices are going to collapse.
I am starting to see something new from them. They are beginning to admit that prices have come down. A few months ago they were denying it completely.
Noone has a crytal ball and can predict what a market will do. I believe the forcasts from people in the realestate business are clouded by bias and wishfull thinking. I would listen more to economists and other business people who are not directly in the realestate business.
I am starting to see something new from them. They are beginning to admit that prices have come down. A few months ago they were denying it completely.
Noone has a crytal ball and can predict what a market will do. I believe the forcasts from people in the realestate business are clouded by bias and wishfull thinking. I would listen more to economists and other business people who are not directly in the realestate business.