"There is quite a bit of instability in the world markets right now. Outside of the US, one of the biggest markets for domain names during the past several years has been China. The Chinese stock market has grown at a tremendous rate, and similarly, the value of Chinese-favored domain names like short numeric and acronym .com domain names have grown as well.
Gone are the days when the worst 3 letter .com domain names would sell for $3,000 +/-. Now itβs more like a $10-15,000 floor for any 3 letter .com domain names, regardless of the letters. Short numeric domain names are selling for more than Iβve ever seen them. To me, it seems that investors have been paying more for many of these domain names than end user buyers are willing to pay."
Check out what Andrew Rosener has to say about falling Chinese stock market on the domain names, especially 2-4 letters and numbers .COM.
The article may be found here:
http://www.domaininvesting.com/impact-chinese-stock-market-domain-names/
Your thoughts are appreciated!
Gone are the days when the worst 3 letter .com domain names would sell for $3,000 +/-. Now itβs more like a $10-15,000 floor for any 3 letter .com domain names, regardless of the letters. Short numeric domain names are selling for more than Iβve ever seen them. To me, it seems that investors have been paying more for many of these domain names than end user buyers are willing to pay."
Check out what Andrew Rosener has to say about falling Chinese stock market on the domain names, especially 2-4 letters and numbers .COM.
The article may be found here:
http://www.domaininvesting.com/impact-chinese-stock-market-domain-names/
Your thoughts are appreciated!