Nobody is happy.

That’s right, in this real estate market, nobody is happy – not even the buyers. 

I did not realize this until I was talking to a Realtor friend of mine from Chicago today.  We, as Realtors, think that purchasers are happy and excited because they are getting some phenomenal deals in this market.  But in reality, buyers are still nervous about their purchases as prices continue to fall – they want to know if their new home is going to retain its value.

We all want this real estate market to turn around, so we can all be happy!