Also if you're in the Plant High district, you might want to be sure to note that in the listing. Robinson High has an IB Magnet program so it is also good, see:
If your house has been on the market more than a month or two, you may want to ask for an updated CMA from your Realtor. I would ask for a detail of those homes in your square feet (+- 200 sf) that are active, pending and sold since you listed your property.
I'm seeing more activity just in the past 2 weeks and with the increased lending limit on FHA loans, it should improve matters.
Also I'm sure your Realtor already gave you expert advice about keeping your house looking and smelling fresh and clean and to never miss a showing--even if it's only 15 minutes notice! Some sellers are hiring a cleaning service once/week to keep their house in tip top shape.
Here are my questions to you: Are you in a hurry to sell? Do you have to sell?
I live in the 33629 area and know that there are over 30 listings in a 9 block area around me (MacDill west to Himes and San Jose south to San Pedro). In that same area over the last 60 days only two homes have sold and four others are pending.
I would suggest sitting down with your realtor and asking him or her to do another CMA with you. Find out were your house stands as far as price with the other homes for sale in your area. Your best allie in this should be your Realtor.
To answer your original question though "Yes" people are buying just not as quickly as they were in the past. Hang in there.
I see this post is from March 2008. Were you able to sell your house, or are you one of the 7,000+ foreclosures in Tampa? Sell now or be out priced forever. Good Luck
You might also want to insure that you move down a full price band at a time...
What's a price band...
Well if your home is offered at $285,000 and you drop to $275,000 you've moved into a new price band because folks tend to shop in $25,000 increments at that price level.
If your home is offered at $315,000 and you drop to $305,000 it's likely that you have done little to expose your home to new buyers.
Hope that Helps!
It's our recent experience that people are buying. However, the common thread question is tied to a market that sees property values continuing to sink. When will we see the bottom? People know prices have dropped but need assurance they are not buying prematurely.
It's impossible to predict the future but the sales we have executed this year include people that feel their purchase price is low enough to offset a continued decline in value. This is a tough pill to swallow but today's buyers aren't willing to pay yesterday's prices.
Best of luck,
The "Eckler Team"
Century 21 Almar & Associates
Venice, Fl 34285