Many of them have moved south and come to auctions down here now. We still have 3-4 new people show up each month. They don't last too long. Prices are better than they have been but still not super.
I agree with that, not as many newbirds, but still a few each auction. Prices have come down some but still too high in my opinion. The dream of being re-sellers and thrift store owners has not gone away yet though. I see many a face that came out to storage auctions in last couple of years drifting around the local flea markets and auction houses. I think many who got burned in the storage auction craze are trying their hand at picking.
I don't know if it's the ole' "When your a hammer everything looks like a nail" bias; but it sure seems like there are a MUCHO GRANDE people trying to get in the re-sale game. Just in the grocery store today and the lady in front of me was bragging to the cashier about her Amazon business and what all she sells (oh, brother!
Her knowledge of the re-sale environment and Amazon in general seemed a bit limited, so I assumed she was a "newbie". Based on the story it kind of sounded like she "lucked up" on something at a yard sale, so now she goes around yard sales looking for this type of item and that's her business.
I know there are a lot of people who do just that but the pros don't tell everybody what their "ace in the hole" item is!