Seattle treading water?
Geoff Pfander put his Wedgwood house on the market in mid-September.
"I'm trying to have faith in Seattle," he said at an open house last weekend. "I think (buyers) just have more choices now so they get to look around more."
To stand out in a market with more and more homes for fewer and fewer buyers, home sellers are reducing list prices, offering special financing and entering potential buyers into drawings for a bottle of champagne if they'll say what they think of a house.
Teri Daligney held open houses last Friday, Saturday and Sunday at a West Seattle home she and a partner remodeled and put on the market at the end of July.
"I live three hours away, and I want to stop driving," she said, noting that they had only just finished renovations.
"We get tons of people coming in and looking, but nobody who's serious," Daligney said. "I just think they're scared."
Real estate professionals said some potential buyers are jittery, while some sellers have unrealistic expectations for prices.
Labels: USA
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