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Jennifer Ziemer's Blog (1)

Indecision

It's an interesting time for the local real estate market in Hampton Roads, VA.  I track the local economic factors for trends in Virginia Beach, Chesapeake and Norfolk.  What I have found is that we are in a transitional time where it is neither a buyers market nor a sellers market.  However, buyers think it's a buyers market and sellers expect full price offers. The result is indecision.  Buyers are afraid to pay too much and sellers want to wait it out for better offers.

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Added by Jennifer Ziemer on September 18, 2012 at 9:32am — No Comments

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