“With all of the moratoriums and extensions, they have delayed the inevitable.”
I’m just seeing a lot of waaaaay overpriced homes with sellers standing around waiting for the one sucker to arrive. They know that the market stinks except, of course, in *their* little corner of the universe. The buyers think otherwise and nothing is moving as a result.
Ala Greespan recently had positive things to say about the recovering economy. At the end however, he stated that if the housing market tanks again—”all bets are off.” I think that’s where we are going. This spring should be ugly.