[quote=deadzone]Obviously you don’t work the beach areas sdr because there clearly isn’t much sales activity. Additionally, the only price level where there is a lot of demand is under 600K or whatever the hell the confirming limits are today. This demand is artificial and temporary because the taxpayers are subsidizing the entire mortgage.[/quote]
uh, let me save you that scarcastic and bombastic reply and tell you that sdr does work the beach areas, and that there is a ton of demand in the NC beach areas at these prices/interest rates. What there isnt is alot of demand to SELL at those prices, so sales are way down. But the few that do make it to the market are in high demand from those who just dont care about it all, they want a house.