Thursday, December 1, 2011

December 1: Decision Day For Charlottesville Area Sellers to Pull Listings Off Market or Drop Prices

Some sales listings automatically expire on December 1, so the home can be "freshly" relisted in February/March for Spring Selling Season 2012.  More will disappear in the next few days.  But how's the market going to be just 3 months from now, with all the pent-up demand from Sellers?  So those who really want to sell will be dropping prices now before buyer confidence erodes even more on concerns of Recession 2012.  (The graphic is from the CAAR (top, Dec.; bottom, Nov.).

Buyers and Sellers have lots of information with which to make decisions:

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