Philadelphia Quick Search
By Zip Code
By MLS Number
By Map
By New Listing
By Address

What I think

Print this blog entry Send this blog entry to a friend
What I think

In my opinion:

 

The inventory of quality properties for sale in Philadelphia is shrinking.  Many sellers are recognizing that they are not receiving the prices that they desire for their homes and have decided to hold off on selling for now.  Instead we are seeing an increase of home improvements. 

 

Summer is usually a very hot season with high levels of transactions, however this summer we are seeing a real slow down.  I do not think that this is because there is a shortage of buyers, but rather a shortage of quality homes to purchase.  What this means is that the period of time that buyer are taking to select a property is rising. 

 

Date: Monday, August, 11th 2008 @ 06:10:57 PM
Views: 121

Furl Digg this post!


Be the First to Comment on this Post!.

Security Code:

Back