Real Estate agents are the bane...!

..the bane of the real estate industry! ;P Cruel Irony!

They ( and banks and some appraisers) are STILL intent on dragging this country down into the gutter! (tyrrlin knows what I'm talking about..) ;/

I just talked to another one... first time in months after waiting and hoping the farce would fade a bit.
There was a place that was asking 230k, and then the bank decided it is gonna hold out for 275k this week... and the place is practically a dump of a fixer!! It'll be 15 or 20 years before it even gets NEAR being worth that, IF then!... Where do they expect buyers to get the money?? People with MONEY are going to buy worthwhile places!!

And another spot (bare land that the owner bought for 50k and was asking 125k), it has been on the market for nearly a year and they Finally got the picture and are asking 78k now, but I'm still not sure it's even worth that! (the city bureaucracy seems to be against building on that site, so it's practically useless, just a tax money pit). Obviously some owners who hold out for highway-robbery prices are in la-la-land too....

But then this realtor goes on and has the gaul to try to justify the bank's position by saying "Oh, the market is picking up" ... HA! Go bamboozle your next sucker!
That's the sort of thing another agent told me around 2005 when I looked at a 1br 1ba shack, and she was trying to justify a 600k price ... she said "I think the market can support that" .... They are hucksters!! ;P

So the economy is still cornered and being suffocated by deception and smoke and mirrors with these people... How long can it last without fully imploding?? >:|