Home › Forums › Housing › Yes, but how fast will prices drop? › Doesn’t liquidity mean there
Doesn’t liquidity mean there is a ready market for buyers and sellers? That is not the case for housing.
We’ve got sellers who are asking for above-market prices. So, not a ready market for most sellers.
We’ve got buyers worried about how much further prices could drop, so sales are dropping every day.
This market is getting more illiquid by the day.
Eventually, sellers will get real, and start pricing their homes correctly. But without buyers lining up, liquidity is low.
I was told in the 90’s, some people would go for a year without having one showing. That is illiquidity.
