Selling your Winchester, Virginia home will likely require some adjustments to sell in this market.
By Mike Cooper, Broker VA,WV, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Selling your Winchester, Virginia home will likely require some adjustments to sell in this market During the hot days of the Wincheser, VA real estate market, our area had 1400+ agents competing for listings and sales. Now, with the market in a stagnant and unstable place, we have approximately 500 agents. That's a 74% drop in agents. Even still, that's probably 50% more than is necessary. Building permits for the tri-county area are running at 114 for the year. Last year, they were at 341. The year before that, they ran at 1783. Simple numbers like that demonstrate to those who pay attention that the market is still very fragile in our area. The loss of agents and the lower building permit numbers are good numbers to know when approaching potential listings. It is a buyer's ma...
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