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Would also like to see this data against initial price charts -- my gut is that the market is over pricing on the initial price point and pulling back as the pr
by wstuartcl 8y ago
Would also like to see this data against initial price charts -- my gut is that the market is over pricing on the initial price point and pulling back as the pricing was too optimistic. May just be a sign that people in the market assume their sales could be much more profitable than reality allows.
TLDR: Sellers are trying to squeak out higher prices than in the past and the market is not accommodating the maneuver, or it is a tactic where an initial over inflated price + reduction is a ploy to dangle the properties at the true-wanted initial price.