sdr, we would expect most sellers to hold tight now. Human psychology is messed up that way.

A seller may have bought years ago at $100,000 or $200,000 and be able to sell today for $600,000 but they won’t. In their mind they don’t see the $400,000 they’re making, they see the $100,000 more they should make by selling at peak or waiting for prices to return to peak