Cibolo Realty's Blog

Spoke to a friend of mine a couple of days ago who reported that, in our small town in the Texas hill country, there are roughly $500 million in deposits in our local banks. From our local folks. Just sitting there.

Fear? Regulatory progressivism?

Our friend, Ed Morrisey, over at Hot Air paints a pretty good picture of this. Might explain why the sellers are holding on to their prices and why the potential buyers are holding on to their funds.