Because nobody's buying right now. Potential buyers are waiting for the market to drop even more. Trust me, my house is for sale, and I know I waited too long to decide to move, but I'm lucky enough to have the equity to drop my price as the conditions change, but even that isn't enticing buyers. I need to get lucky with someone relocating who wants a move in ready, fully update house. There aren't a lot of those out there.
|