Prices are stabilizing, homes are selling at all price points. Although homes aren't worth what they were three years ago, if you set your price right it will be sold relatively quickly. On the other hand if it does not sell and is not getting any action as far as, showings, offer, etc. then the truth is that the price may be too high.
I work for SKBK Sotheby's International Realty in Birmingham, MI and just last month our office has had over 32 million dollars in closed transactions. True 12 million of those dollars were on one transaction that was listed and sold by two agents getting our office in on both sides of the deal. Be encouraged and know that, yes this is a buyers market and there is no better time to move on which ever side of the deal you are on.
