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Today’s Slow Market “Is a Different Animal”

Posted on July 18, 2008July 20, 2008 by The Tim

From an article on home staging in the Puget Sound Business Journal:

For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced.

“I have been through a couple of slow markets in Seattle before, but this is a different animal,” she said.

Sewell says she is already starting to feel the market’s traditional August sales slowdown.
…
“Most of my listings, up until this year, have sold within a week,” she said. “I am having staged things sit longer than I ever have.”

Take it for what it’s worth as an anecdote, but I thought it was interesting that even staged new construction is taking an unusually long time to sell.

(Clay Holtzman, Puget Sound Business Journal, 07.18.2008)

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