“There are a lot more high-end homes in the area. When you have an average home price of more than $400,000, people have more money to spend on luxury homes.”
“The median and average home prices are still off the Richter scale. We are seeing some correcting of the market happening, where the value is definitely not going down -- it's just taking longer to sell your home. (The market) is still extremely strong.”
“It brings everybody back to a better negotiating stance. You don't have unrealistic sellers and you have buyers that can take their time and breathe when they are buying. It makes for a better win-win situation for everybody involved.”