Market Conditions in Norfolk>Question Details

Thunderbird, Both Buyer and Seller in 02356

why aren't homes selling in PinOaks?

Asked by Thunderbird, 02356 Thu Nov 4, 2010

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Most market areas are slow right now. Pricing is extremely important in this market.
Web Reference: http://www.mdmrealtyinc.com
1 vote Thank Flag Link Mon Nov 8, 2010
I don't think it's PinOaks in particular. All the condo's in the area are experiencing slower sales. There is tough competition within that market and potential buyers are able to comparison shop. That along with slower sales of their existing homes mean that decisions to go forward and buy are taking time and going to the most aggressively priced.
0 votes Thank Flag Link Thu Nov 4, 2010
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