You nailed it Bro....Its all over. This current bad market is the "Market" now and for a very long time with possibly only small percentage increases in any year. For the next five/ten years I believe. and, It'll never be what it was. Too much supply and not enough demand. Middle class jobs are gone overseas.
I'm in the appraisal business (real estate) and have associates that appraise chattel property (estates, furniture, cars, boats, art, and even pool cues). Many wishfully thinkers that bought any of the above items in past five years are kidding themselves, by holding out and refusing offers, hoping they can get out with their shirts. They don't want to reduce the price, so they just keep "bumping" their ads as the market keeps falling. The rule should be, Three bumps and your out. On pool cues and/or houses.
Its all over "Baby Blue" (Bob Dylan).
Jerry
I'm in the appraisal business (real estate) and have associates that appraise chattel property (estates, furniture, cars, boats, art, and even pool cues). Many wishfully thinkers that bought any of the above items in past five years are kidding themselves, by holding out and refusing offers, hoping they can get out with their shirts. They don't want to reduce the price, so they just keep "bumping" their ads as the market keeps falling. The rule should be, Three bumps and your out. On pool cues and/or houses.
Its all over "Baby Blue" (Bob Dylan).
Jerry