Buyers and Sellers at a Standoff?
I interviewed Donna Evers, president of the Evers & Co. brokerage in the District yesterday for a story coming up this weekend, and she had an interesting observation that didn't quite fit into the story but I thought I'd share here.
She said she's seeing more nervousness now among buyers and sellers. The less-expensive homes in popular neighborhoods are drawing multiple offers, upsetting people's notions that it's nothing but a raging buyer's market out there. "It's almost equal nervousness, and there are some standoffs on negotiations," Evers said. "Both sides feel like they've got some strength."
Who would've predicted that one?
June 11, 2009; 9:08 AM ET
Categories: Buying , Selling , The market
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