April statistics are out and it still shows that although home prices are basically flat, most areas are not seeing falling prices. Buyers are still aggressively putting in low offers so concessions from sellers are common.
A note to home sellers, currently only 30% of homes in the area are actually selling. The rest are either withdrawn from the market or may go into a foreclosure or short sale mode. It is important to list your home very competitively and have it in top shape as competition is great for the qualified buyers that are out looking.
Take a look at this article for some more positive news on the current market.
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