that stat does not surprise me at all. From casually perusing "asking" prices on Trulia and the Villages RE site, I'd say 20% of the homes listed are asking pie-in-sky prices, based upon today's real estate market.
Some of the listing prices would have been optimistic 18 month ago when prices were booming. Now they are beyond optimistic.
My only conclusion is that these sellers aren't really interested in selling in today's market. They have a dream that they didn't miss the peak, and either don't really need to sell, or are just dangling bait out there hoping for a fish.
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