Yes is a market when sometimes you stumble across a listing that seems familiar, and yet you cannot believe the home has never sold since the last time you've shown it.  It is kind of scary when you think about it.  You have no psychic abilities, yet something seems to be warning you subtly that something is amiss.  The familiar home may be a new listing, and it may just be an updated entry in the MLS to notify you there is a change in the listing.  Perhaps the listing expired or was withdrawn many times ...over and over again, and still no sale!

The problem with homes like this they are losers.  There is either something wrong with the home, or the seller will not budge on price and terms.  It is marketed as ‘New,' it should be known to all that you cannot market a home that was built in 2006 or 2007 as "New construction!"  It was not built in 2009.  It was built under different standards a few years ago and has yet to be occupied.  What bothers me most is that this has become a common occurrence in many markets.  New homes that were overpriced at 699K 3 years ago are not a better value today at 899K!  The reason the home did not sell 3 years ago is that it was overpriced in value then, and most certainly is today.

Sellers need to become more realistic in their approach to selling a home in today's market.  They must realize that buyers and their agents are not fools.  The word is out,and the only person that is uninformed is th e seller.  You have a listing that is not worth what buyers thinks its worth.    You are in need of an intervention!  Your agent needs to break it to you gently, that if your home has expired many times, and has been withdrawn from the market...there is a problem that needs to be addressed.  It's called "Denial!"  I personally know of homes in the Atlanta market that are now on the market in their 4^th year.  That is just ridiculous!