I am in the middle of buying a house in Houston and have come face to face with a frozen market. The concept is really simple. You think an asset you own is worth something; this is called ‘mark’. The market is only willing to pay something else; this is called ‘market’. Unless the owner [...]
Entries from March 2009
Houston’s Frozen Real Estate Market
March 25th, 2009 · 1 Comment
Tags: musings