Wednesday, October 17, 2007

Seattle P-I story

The front page headline of Tuesday's P-I (10/16) http://seattlepi.nwsource.com/realestate/ states, "Sellers trying it all to hook choosy buyers." It provides a pretty accurate description of what's happening in the market right now. Although many sellers are still in denial about the marekt shift in buyers' favor, savvy agents (and sellers) are recognizing that they need to offer incentives to attract the few buyers who are actively shopping. Of course, the incentive that inevitably works best is pricing below market value. Money always talks loudest.

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