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Pain Is Weakness Leaving The Body – Intown Atlanta Sales Drop by Quarter

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Declining economic conditions during 2008, including an acceleration of decline during the fourth quarter, along with large numbers of property foreclosures glutting the market, contributed to a difficult year for property sellers. One of my first encounters with a US Army Drill Sergeant was the proclamation of this statement: “pain is weakness leaving the body.” I believe that same statement applies to our collective financial body right now, although we have a lot of “working out” to do over the next few years, don’t we? Chuck Norris can not help you, Atlanta Sellers. Low interest rates, declining prices and a high inventory of listings combined to make 2008 and 4Q 2008 particularly, an especially good time to buy property, but what is a Seller supposed to do in 2009? Right now appears to be an even better time to buy, so a Seller should do what they know they should do already: price the property to be competitive, not to be … [Read more...]