2021 anchoring

Anchoring to 2021 house prices may be a mistake

Anchoring to 2021 house prices may be a mistake

House prices in most of the country have dropped significantly since late 2021. This has led to many households who want to sell their house, to holding onto it. Many are tied in to 2021 prices and won’t sell until prices get back to near that point or higher. It feels like a loss in money even though in reality it isn’t a loss. It is just a change a value. This is […..]