The market is picking up! It's a great time to buy!

By L. Opine on October 5, 2008 12:51 PM | | Comments (0)
Catchy title, eh? Everywhere on the web you see real estate professionals claiming it's a great time to buy, the market is picking up, buy now or be priced out forever, etc--the same garbage the industry has been spewing since 2001 (well, since the beginning of time, but the industry wasn't quite as big and loud as it is now). Well--the Bianchis posted their September sales summary on the Alameda Sun site, and if people actually believe the following indicates that "the values will continue to go up within the next 1 to 2 years," then maybe we do deserve Palin as president, intelligent design in science classes, and an oil rig in every yard.

Number of sales above asking price     4
Number of sales at asking price     3
Number of sales below asking price    20
Gory details on the original site.

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This page contains a single entry by L. Opine published on October 5, 2008 12:51 PM.

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