10 Quotes by Brett Ellis

We're starting to see hundreds of price reductions a day.

Should you need to sell the home within a year or two there is not a lot of equity there.

But gated communities aren't necessarily a guarantee of safety. The bad guys don't respond to gates or to rules in general. Anytime you live in a more upscale community it tends to be a magnet for crooks because they want to go where the money is.

Because we have more inventory right now prices are starting to come down. The market is re-balancing itself. It was out of balance there for a while and we had too many buyers and not enough inventory and now it's the other way around.

Some of them are $40,000, and they've been sitting there for 120 days.

There had been some pent up demand that seems to have entered the market. I think people saw a respite in the market and decided to make a jump.

We did see a drop-off in buyer volume.

Probably in the last six months I've seen more 100% financing deals than I've seen in the last two to three years.

Gateway is still a solid market. Homes are actually selling well.