Thursday, September 24, 2009

Market Quote of the Day

Greetings Friends and Neighbors,
I attended a most interesting Real Estate Forum yesterday which dealt with the sad state of affairs in the real estate market and the economy as a whole.
Guess what. There a great number of new foreclosures that will be hitting the market very soon, so that means more homes out there offered for sale at very low prices which huts sound properties.
Here's the quote for properties that need to be priced right.
"We are in a beauty contest in a price war."
Doesn't that say it all?
Stay tuned!

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