3 ms·
> It may sit for a month or 6 waiting for a buyer. Gotta love that oh-so-efficient market.
by joe-collins 4y ago
> It may sit for a month or 6 waiting for a buyer.
Gotta love that oh-so-efficient market.
- deleted 4y ago[deleted]
- WalterBright 4y agoPeople who price high usually will have to wait longer for a buyer. In a hot market, the times will be less, in a cold market, more.
- motoxpro 4y agoThe wait just means there is low liquidity i.e. the spread is wide. They could sell it this minute if they offered it for 100$ but they are in "no rush" so they are willing to wait. Opendoor is trying to solve this by pretty much being a market maker for homes. This comment is independent of "should the housing market be more liquid" just a general "markets" comment
- hackeraccount 4y agoLike Democracy the alternatives are worse.