In stock market terms, we are seeing what they call a "profit taking correction", albeit one that is being fueled with a little buyer skepticism...won't last, IMHO.Dabell said:What is wrong here?
The should not be taken to mean that I consider real estate markets and the stock market to behave the same. They have their similarities, but they have their differences, too. I just think we're seeing a similar psychology on the part of buyers and sellers as you do when anything (stocks, properties, currencies, etc.) runs up real high, real fast.