Looking at real estate lately, and am starting to see more and more listings added to emeraldcoasthomesonline with 2005-ish list prices. Not uncommon to see properties that according to the waltonpa.com website sold for 1/2 of the current list price in 2013 and even 2014. Can someone explain to a lay person what's going on? Since the listings I am seeing aren't closing or sold, it may be as simple as summer season and properties are being posted with optimistic and dreamy "make me move" price tags, but some of the pricing I am seeing (even on realtors' personal property) starts to feel second bubble-ish given the quickly soaring ask price, even though the reality is it may languish on the mls for many months or never sell near the ask. Any insight or opinions?
