The sky is no longer falling

Its similar up here in New Jersey. The only thing is sellers aren't realistic with there prices. They still believes they can get that high price with no upgrades. Things are moving, but its tough to get a handle for where things our heading. There are a lot of homes for sale, with a lot of price changes. The discount brokers our moving in, but most are being returned to the market as expired and withdrawn.

Florida was, I believe, the first and hardest hit.  However, I believe that sellers are becoming much more realistic about the market and as that happens and properties are priced more realistically, the market will begin to "right" itself. We as agents have to remain consistent and effective in our communication with sellers.  In general people are ready for change, and scared to make a move until they think there's a "Light" at the end of the tunnel.  However, there are still people out there ready to buy...we just have to continue to be innovative and find them by getting the message out!  This is not a new movie...the market is cyclical...we have to be as well!