HyperspaceMountainPilot
DIS Veteran
- Joined
- Dec 23, 2019
- Messages
- 3,913
I bid on a couple of BCV contracts earlier this year that were priced about $20 above the max of what I was willing to pay. On one of them we got within $5 of each other and I checked in periodically but they decided to pull the listing (that's what the broker told me), the other is still there AFAIK (I stopped being interested in buying a few weeks ago). I suspect some came off the market when commercial renters stopped believing Disney would actually crack down but others just decided they'd rather not sell at all then get 10% less than the price they feel entitled to... just to say, the number of listings coming down doesn't necessarily mean it's a hot sellers market... only that there aren't currently many owners eager to sell.Back on the topic of resale listings… not only are a lot of listings stripped, but the total number of listings is significantly down from a month or two ago. I’m assuming this is cyclical/seasonal but there aren’t a lot of “good deals” right now. Do we expect that to turn around in the fall? Winter?
It's really hard for me to imagine what's going to push resale prices UP in the next 3-6 months (maybe a surprise interest rate cut that doesn't blow out the long end of the yield curve?), but many possible things that could nudge (or jolt!) resale prices down.