Sticky Asking Prices Here on The Westside! 1 month into the spring selling season, sellers are still asking too much. I would say it is because of :
1) Totally upside down already (Speculators & FTB in 2005-06)
2) Totally in DENIAL about the current real estate market.
3) Totally misled, by an inflated Realtor Comparable Market Analysis, based on old comparables, in hopes of reductions later on in the listing period.
4) Totally STUPID.
I would venture to say it is a combination of all 4.
What do you think ?
