Wednesday, January 28, 2009

Cold Weather Putting the Freeze on Sales


It appears that the cold and icy weather is adding to the continuing trend of dismal sales in NW Montana. It will be a few more weeks until the January numbers are in, but it would appear that we are lagging behing 2008 numbers anywhere between 30-50%.
The good news is that inventory is beginning to dip a bit. I've been trying to spread the word to all homeowners that they should only list their property if they abosolutely have to sell. It boggles my mind that there are still listings out there that are 'fishing' for top dollar offers in this market.
There also seems to be limited activity in listing and showing property that would otherwise be active due to the snow and ice left over from last month's storms. I think we are all hoping that the market will begin to thaw before the ice!

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