Hanson Law Firm

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June 2011 Archives

"Sticky" Prices or "Stupid" Prices?


Sellers (and listing brokers?) of residential real estate seem stuck in the ‘olden days’ of value. They are stuck with the old price. It’s the “sticky price” problem. They seem to ignore a reality: Value is based on CASH PRICING.

Hanson Law Firm | 200 Gate Five Road, Suite 206  | Sausalito, CA 94965 | Phone: 877-545-6738   | Map & Directions