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Originally Posted by Realtor 1
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Why argue that? It's just some guys opinion. A bit confusing when he says that everyone that makes predictions is always wrong. Then he predicts himself...go figure.
Anyway, back to RE. Sales down 30%, inventory up 66% (condos are almost double). I realize that these are compared to last year and overall these inventories are not huge (yet), but it's hard to argue that the appetite to sell has grown and appetite to buy is shrinking. Something has changed in a huge way.