We're finally running up against some dates that will require action. If we cannot get our house sold within the next couple of weeks, we will not be able to get into a house in the Bay Area in time for the kids to start school in January. Plus, the real estate market typically goes into hibernation from just before Thanksgiving until the spring (or February in California).
We have had what appear to be some serious viewers (would you spend 90 minutes at an open house if you did not intend to buy the house?), but still no offers. We have asked our realtor to lean on a few of these folks as much as he can. We're now into the "if you call now, you will also get these fabulous gifts absolutely FREE!" phase. If we can't induce someone to jump on it within the next 10 days or so, though, we will have missed our window of opportunity for the fall.
Fortunately, we're not trying to fund two mortgages, so we can still afford to be patient. We figure were are within about 5% of the final selling price, but nobody is willing to take the final plunge. The house we like up here is still available, but will it be there in March? Will conditions be better in the spring?
I thought it was my birthright as a Californian to have buyers clamor for the opportunity to outbid each other for my home. Turns out that the old maxim, "location, location, location" has a seldom-quoted codicil: "timing."
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