Dear Herb and Linda, my advice as a private party and not a realtor is to wait until after January. Right now in December, there still are so many homes backlogged for sale. I finally am seeing more realistic pricing from Sellers in the Leesburg area and prices are dropping sooner. Also, communities are now having a foreclosure impact that was not seen before. Be sure to have your Agent give you comparable sales for the area showing the original list price and the final sales price and the number of days on the market. One other thing, please make it expressly clear to your Agent that you absolutely do not want any "verbal" offers to a Seller, all offers must be in writing.
Best wishes, J