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Price Rise = Less Interest

I met a wannabe-buyer at a talk I gave last year. He’d check in with me once in a while, stating,“I’m still looking…”

He’d gone silent a few weeks ago, prompting me to send him a “Just saying hello” email. Here’s his reply:  Thanks for checking in with me. I stopped looking for a house, because nothing in my price range appeals to me anymore. Actually, my price range doesn’t buy as much anymore. I can get one more bedroom and one more bathroom and still save money by renting. See you when prices drop again!

Duh-duh-duh-da.

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