Oct 28
Owners of properties worth over a million dollars are fearful that so many people are waiting for the real estate market to recover that the so-called ‘shadow inventory’ could cause a glut that will see prices tumble again.
‘I don’t think home prices have bottomed yet, especially at the high end of the market. Many people are stuck as there aren’t many buyers looking at property over $1 million.
via Property Wire | News.