Real Estate Sales

Slow...

Whether the house is in pristine shape; weatherized; discounted; applianced; you name it - sales of existing homes are slow.

The home we've had on the market for the last 90-days has been slow to get people through - although it is in excellent shape. When talking to many Realtors, the talk is the same - the market place is slow.

Price drops are happening at every corner - and yet the market is still in a standstill. While we have been used to seeing 4% to 10% yearly housing price increases - this year we will see drops. Substantial drops.

Funny thing, I don't see the the County Auditors giving us tax money back based upon depreciation...