Tag

Seller capitulation

December Discounts the Deepest?

Weighing 8/10 of a Bird in the Hand It’s always tougher for a Seller to reject an offer when the alternative is . . . nothing. That’s never more true in the housing market than in the waning days of December, with the holidays upon us and Buyer activity slowing to a crawl. So, instead...
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Creating A Sense of Urgency or . . .

. . . Capitulation? Here’s the latest pricing activity at what I’ll call “Motivated in Minnetonka”: 7/17/09: old price – $595k; new price – $585k8/7/09: old price – $585k; new price – $575k8/19/09: old price- $575k; new price – $565k8/26/09: old price – $565k; new price – $555k9/3/09: old price – $555k; new price –...
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