Asked by Bill J Deligiannis, Naperville, IL • Tue Jul 23, 2013
Greetings & Well Wishes!
For those of you who have listings, have you noticed a slowdown in showings/inquiries over the last month?
I listed a condo in Lakeview about 2 months ago. When it first came on we had plenty of inquiries and showings. 95% of the feedback was very positive. A contract was submitted but fell apart during the inspection period. No major issues. The property is now relisted at about 10% lower from the original list price and there is virtually no action.
Is it increase in interest rates?
Is the holiday season affecting showings?
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