“What this translate to is that even a motivated seller (as long as they are informed and understand the market) is much more willing to hang on to their property for several more months because when the buyer’s market does turn (as it always has) they can sell for much more than a panicked seller.”
Motivated Seller?? You mean a greedy ignorant seller is going to hold out until the buyers market becomes a sellers market again? If so, sorry, but the seller is going to be waiting a long time because it’s not yet a buyers market let alone at a turning point back to a sellers market. Hopefully I’m just misinterpreting your comments.
