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No Holiday for Home Sellers
Martha Baker-Jordan had hoped to sell her four-bedroom home in Placentia by now.
It has a pool, plenty of parking and a separate entrance for her piano studio, so music students can enter without going through the house. But after 90 days on the market, only about three people have even bothered to come see it.
So when her real estate listing agreement expired last week, she dropped her price and signed up to keep the home on the market right through the holidays.
"I really want to move. I really want to downsize," Baker-Jordan, a retired university professor, said of her decision to persevere through the holidays. "I'm tired of the maintenance. I'm tired of taking care of the pool."
Traditionally, the holidays are when the housing market takes a break.
Homeowners who don't have to sell temporarily take their homes off the market in November and December to avoid showing their digs to strangers while presents are under the tree and family gatherings are planned.
Buyers traditionally take time off from home shopping as well, devoting more time to gift shopping instead.
This year is no different, several local real estate agents said - except that many sellers have no choice but to keep ... more

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