I have been working with them (Colrich) on behalf of a client as well. I would tend to agree with what sdr said. The releases they are doing are very small in number. I agree that the pricing is out of line. I could not agree more but in this particular market it is really challenging for buyers right now.
I have been saying what he said above for a long long time.
Don’t generalize and try to predict what “others” have to spend. It is a useless exercise. Focus on your own resources and accept that others have more then you and may or may not choose to buy what you don’t want to or cannot afford. This is not meant to slam anyone, it is simply trying to point out the correct mindset in analyzing the market.
