[quote=spdrun]Someone will always want to buy or sell. If $numberofwillingbuyers < $numberofsellers by a large margin, then prices go down. Last spring's mini-bubble had as much to do with a buyers' frenzy as with restricted inventory.
Market slows down, economy slows down, buyers will set on their hands and ask whether it's a good idea to buy now.[/quote]People don't sell unless they can buy another. People can't buy if they don't have a job. People don't sell if they're underwater. They won't sell if they have no equity to help them buy their next house. So, you'll never have # of sellers > # of buyers, if you have people able to stay in their houses for free. We’ve seen that happen recently.
