I meet and talk to people on the street all the time. We have offices all over the place. I display lots of reasonably priced properties for sale. $58k-$90K. I ask the public what's on their mind. I ask them why they're hesitant to buy at these asking prices. Word out on the street from John Q. public is "No jobs". Jane Public: "I'm a one income family now". It seems to me than the $8k tax credit is irrelevant. These folks either don't have a job or don't have the down payment to begin the process.

Our office's average selling price dropped from $162k down to $135k in two months. I'm showing lots of foreclosures.

Is there even a wealthy demographic anymore? Are they even buying that 2nd home? That vaca. home? Cheap land in Fla? Foreclosures in Westchester Cnty. NY?

What's your asp? Is it like this everywhere? Either handyman foreclosures for a buck three eighty or nothing? A sale at $135k once a month? Having to compete with a hundred agents for that paycheck?

This sucks....

CM