Smitty Two wrote:

In article ,
"SteveBell" wrote:

snip



My opinion as well. That same brother-in-law has been trying to sell
_his_ condo for several years. Lenders don't want to give anyone a
mortgage to buy it, because the ratio of renters to resident owners is
too high. He keeps it rented out enough to cover the mortgage, usually.



If he's been trying to sell it for years, then there's only *one* valid
reason that it hasn't sold. The damn price is too high. Which means, of
course, that he hasn't really been trying to sell it at all.


Three of eight units in my condo are for sale.......folks bought just
before the real estate crash.
Well, they're trying......open house every weekend.......but apparently
not trying to sell for
less than they paid. I was told recently that a local realtor had gone
"bankrupt", which, in
this particular area of Florida, does my heart good. Still got
footprints on our faces from the
"flippers" who have moved through.