SEH Still on Fire – Bottom?

[waiting for bottom]

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Listing=30755946&Image=1&edit=

Are we sure the bottom is not near or here?

Yet another REO in SEH priced aggressively and sold within a week with multiple offers.

[sdduuuude]

Uh. The bottom will be more like:

“Yet another REO in SEH priced aggressively and still not sold after 3 months.”

[sdduuuude]

Uh. The bottom will be more like:

“Yet another REO in SEH priced aggressively and still not sold after 3 months.”

[sdduuuude]

Uh. The bottom will be more like:

“Yet another REO in SEH priced aggressively and still not sold after 3 months.”

[sdduuuude]

Uh. The bottom will be more like:

“Yet another REO in SEH priced aggressively and still not sold after 3 months.”

[sdduuuude]

Uh. The bottom will be more like:

“Yet another REO in SEH priced aggressively and still not sold after 3 months.”

[kewp]

No doubt.

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

[kewp]

No doubt.

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

[kewp]

No doubt.

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

[kewp]

No doubt.

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

[kewp]

No doubt.

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

[(former)FormerSanDiegan]

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

So, you are suggesting that once sellers capitulate and lower their prices this will reduce the pool of willing buyers ?

Seems counter to some basic economic principles I thought I had once learned.

Or maybe what you meant was that the few who want to buy will buy at somewhat lower prices exhausting the buyer pool ?

[(former)FormerSanDiegan]

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

So, you are suggesting that once sellers capitulate and lower their prices this will reduce the pool of willing buyers ?

Seems counter to some basic economic principles I thought I had once learned.

Or maybe what you meant was that the few who want to buy will buy at somewhat lower prices exhausting the buyer pool ?

[(former)FormerSanDiegan]

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

So, you are suggesting that once sellers capitulate and lower their prices this will reduce the pool of willing buyers ?

Seems counter to some basic economic principles I thought I had once learned.

Or maybe what you meant was that the few who want to buy will buy at somewhat lower prices exhausting the buyer pool ?

[(former)FormerSanDiegan]

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

So, you are suggesting that once sellers capitulate and lower their prices this will reduce the pool of willing buyers ?

Seems counter to some basic economic principles I thought I had once learned.

Or maybe what you meant was that the few who want to buy will buy at somewhat lower prices exhausting the buyer pool ?

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