A lot of discussion has been going on lately about whether this is in fact a buyers or sellers market. The Kenosha News reported recently that homes are taking about twice as long to sell, and that buyers are sitting on the sidelines just waiting for the other shoe to drop before deciding whether or not to make their move.
With that being said, I believe that the market is relatively stable, but caution must not be thrown to the wind. If you're a seller considering listing your home, be sure that you have ALL the facts about the comparable homes that you may be shown in a comparative market analysis. There are many ways to skin a cat and things may not always seem to be what they are. As an old friend of mine once said about numbers and people "...figure lie and liars figure." -- Not that I'm calling anyone a liar, but be sure you have all the facts about what others are saying the real estate market reflects in our area before you decide to list your home with them.
I have some very interesting numbers about our market and would be happy to share them with you. Additionally, if you're interested, I'll even bring the sources with me of where I got my numbers from when we meet? How does that sound to you?
Pete