Every home seller today is in stiff competition with the next guy down the street with far less buyers in the market place. (massrealestatenews.com)
A lot of luxury estates go up for sale and sit on the market for longer than less expensive homes, simply because there are less buyers with high budgets. (raleighrealtyhomes.com)
Basic supply and demand means less buyers means less competition and less price. (money.stackexchange.com)