The year started out like the recession had dissipated a little and that things were ready to turn, but that Spring promise has not materialized in the Fall selling season. although sales are slightly ahead of 2009 there is an eerie silence right now… not to much activity . Could it be that the people are waiting for the congress to decide whether to extend the federal tax cuts and if so at what level.. the current media speculation is…that we now see in the regional newspapers.. trying to get the congressional folks to take a stand. the bright spots are that homes priced correctly , that is within ten percent of the ultimate selling price will sell in 140 days or less, home priced above that will languish on the market with little activity… if you have a home in that category you have probably seen little activity and no offers… of if you did have an offer is was early on the process… that may have been your best offer and you did not know it.
All in all, the best sellers so far this year have been homes at $500,000 or less within walking disitance of the beach.
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