What just a couple of years ago would have been thought preposterous, there are 600 homes in the San Francisco Bay area selling for under $100,000. Now this is a small subsection of the marketplace but the reality is that these homes are gathering a great deal of attention.

If you think about it, markets are an amazing animal. Things can get hairy on both the upside and the downside, but they tend to work out in the end. Prices get too high, people stop buying. Deals are available, people start buying.

So in todays market never say there are no buyers. Pricing is just not right for the buyers to come back.

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