Easy for you to say from JOhnALt land where ever that is. In my community of about 1000 homes there are 9 on the market, none over 60 days market time. There are 5 in escrow only one short sale with long market time and rest under 2 months. There have been 10 closed sales in the last 60 days all with market times below 60 days. Only one closed sale was a short sale. Prices are flat on high end homes in the community and up 5 to 10% in the lower end of the community.
I dont know about you but that looks like a community that is holding up pretty well. Most of what I see around me looks the same also. The higher end above $1M is struggling but under that it seems pretty stable.
