A true sign of the market

There is not a strong market in which an agent or owner would email out a promotion piece like this one.

"Accepting all Offers"

This means if you just crawled out from under a rock and knew nothing about the present day market, you would still have enough information to know not to offer anything near the asking price on this sale. This translates into, please offer 35%-25% below asking for this sale.

The saddest part to this story is thta his unit is truly worth its currently asking price, or at least very close to it.

this is a sign we are reaching the market bottom. I feel the bounce will come wihtin the year.

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