Monday, September 3, 2007

Price is key in this market

Downtown Woodstock, Vermont.





Sunday's Valley News has a superb article by Chris Fleisher on the state of the Real Estate Market in the Upper Valley. The gist of it: Prices aren't coming down fast enough to encourage many buyers' to bite


A leading local Realtor is quoted as saying, " The sellers' attitude is locked into 2003 and 2004 prices. They are unwilling to accept the reality of the market."


This is causing a rise in inventory. The old saying about real estate; location, location, location, should be ammended a bit; price, price, price.


Think about it if you're a seller.

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