Loc: Sittin' Pretty in Fat City
You make a good point, Mike. Without a buyer, who is to say what the value of anything is? Real estate listings are just the value others have previously seen in a particular property. Much of the country has realized just how fragile a marker that truely is and is only just starting to rebound back toward previous prices. Most investments are speculative and you can only hope that the timing is right when you buy and sell.