In just a few short months we've seen the number of houses available for sale per buyer (8.64) climb to levels we have not seen since late 2008 and up a whopping 63% from August last year! With buyer demand having slackened so substantially after the tax credit expiration even a relatively normal amount of houses for sale are spread amongst far fewer buyers, giving buyers more choice (and in theory more negotiating power) than they have had in some time. Normally we see spikes in the SDR in the November … [Read more...]
