Quote:
Originally Posted by Tustin714
This sounds quite "sky is falling" -- high inventory is not a problem for me at all, since I'm not selling and have no intention of selling for the very foreseeable future. It could well be a "problem" for sellers to the extent they don't get as much gain as they'd like, and can be seen as a real problem for someone who is selling at a loss, which so far has not been demonstrated as a real problem (if I've overlooked data proving this wrong, so be it). In sum, this thread seems to have created a crisis mentality in some.
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We were interested in selling but discovered we would get less than what we paid for our home because we live in Dabney and the home was done in 2023. There is no crisis for us though because we have a home in Clearwater for our boat and we can bounce back and forth. The “crisis mentality “ would be for those who have to sell. We don’t have to. We were a little disappointed in our location but it really is inconsequential when we don’t have to sell and the market isn’t doing that well in our area right now. Hey, it could be worse. We have friends with a condo who are basically looking fairly distressed over their situation.