Friday, July 20, 2007

Huge price drop.

I received a call from a client today that asked me to lower her price $40,000. The home down the street from hers had just sold for the lower price and I had suggested to her that she will need to compete. That is how it is going right now. Prices are droping. Buyers are getting more for less.

Chris White

2 comments:

CurlyWhites said...

Ya it is a great deal is the market really that slow?

Candie said...

I know it's hard for sellers to lower their prices. The last jumps in 2006 just could not be supported by the market, so perhaps if sellers could look at it in this way "that you can't loose something that was never real" they would feel a little better.