I know the market has shifted and thats a good thing. Is time that your average income family can afford to purchase a home. We bought our home over 6 years ago for $170K and its now worth $325K, thats just crazy.
The one thing I have noticed since there is so much inventory, is the buyers are taking their time. Now that can be good and bad. For instance, interest rates are GREAT, take advantage of that before they start climbing again and there is still creative financing, just watch out for the ARM's. Home prices may be dropping a little, but they will not take a huge dive in this area. We are very blessed to have Boeing, Microsoft and the Military to keep us going. Instead of asking for a lower sale price, ask for interest buy down and closing cost. Its that time when we have to be a little more creative. If you have an creative ideas on how to get buyers to jump, please let me know.