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The
Ever-Changing Market Place
The
market can also change while you're listed too. You may
start out in a sellers market, but it can change into a buyers
market, or become neutral in a relatively short period of time.
Sometimes an experienced agent will "just know it" before they can
statistically "prove it" with numbers.
The events of September 11 had an impact on many markets -
including real estate. Some areas felt it much sooner and
stronger than others of course.
But major events - real or
suspected - can make buyers take a step back and temporarily put
off buying a new home, or prompt them to buy lesser-priced
properties. This includes elections - local or national.
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