It sounds like you are in a rare and great situation for a salesguy. Hold onto to it but don’t forget my warnings. No matter what the situation, the more you give the more they demand from you. Corporate America with perpetual pressure to produce earnings growth can suck the life out of you.
As for the stats you asked about, they are all hogwash. I place very little creedence in any statistics. The data is garbage and every property is unique. Summary statistics are of very questionable value. Here’s what really happened……Prices peaked virtually every where in SD in Spring/Early Summer of 2004. I have seen several homes sold during that period come back on the market recently and sell for less. My best “guestimate” is that there has already been an actual decline of 5% to 10% depending upon location. Sure there are some exceptions but I’d take that as more the rule than the exception.
