Tuesday, October 2, 2007

Best Real Estate Quote of 2007

Beautifully stated. This quote by Michael Bizenov, president of Sterling National Mortgage, has Dallas written all over it.

"The sellers are still looking at the price their neighbor got two years ago, and the buyers are looking for the mythical 30 percent price cut [the media keeps ranting about] and they're both wrong," he said. "It'll take some time for the stalemate to end."

Preach on!

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