Posted on 05/12/08
STUCK ON THE MARKET
For the past six years, it seemed all it took to sell a house was to stick a For Sale sign on the lawn and wait for the bidding war to begin. In just months, however, the rules of the game have changed. Bidding wars are over, open houses don't attract the same crowds, and homes are languishing for much longer on the market. In short, the deals aren't getting done.
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