SD R,
Sorry but I’m not seeing it. In my area things ar just plodding along. Personally, my activity has been normal to a bit slower the last few weeks. I’ve got a couple I got in escrow this Summer that will close soon, but other than that I’ve got a few that are seeing less activity than a month ago. On the buyer side, I have about 6 folks waiting for the right house at what they consider a fair price. Most of these are high end buyer’s (1-2M). They are picky and the homes they are interested have sellers standing on ceremony. All are well qualified but patient which I am encouraging. Once we get closer to Winter some will probably get a bit more motivated. I do have one buyer about the pull the trigger on a very high end home ($3M to $6M). I’m having a great year but most people I know are struggling mightily. The funny thing is I have barely been working as I have been devoting most of my time the last 45 days to a couple new business ventures I am involved in(ughhh…business plans and pro formas UGGHHHHH!)
In my office, our listing inventory is very high and sales are slow. I am seeing lots of reductions and wonder what will happen late Fall as many strong agents who havent seen a paycheck in months pound on their clients for price reductions.
