Where have the buyers gone?

Today I was having a conversation with a friend and he asked me "Where have all the buyers gone?"

I had 1 answer for him... They are tied up as sellers with a home currently on the market..

If you have a home listed on the market & you are not getting any prospective buyers, try lowering the price until you start getting some action. We are not expecting the market to swing for another 9mo to a year, maybe longer.