Thanks for this very good, long post, cooperthedog.
Just two things:
1. I believe sometimes powayseller is just trying to be provocative, to draw us into the conversation, to stimulate discussion. She is essentially looking for rebuttal, looking for more information. And, the nice thing is, she usually gets it when others respond.
2. The article does quote Mr. Gin as saying, “There is no panic with people trying to sell their homes.” Personally, I know of 2 people who are very panicked, trying to sell their homes. There is a lot at stake for both of them. Both are in condos, both have already lost money, both will be very lucky to get out with their credit not completely ruined. One is here in SD, another is out of state.
