Can’t blame you.

The problems started in January 06.  Allmonths  of 2006 posted higher levels of Withdrawn (seller removed their home from the market) listings than 2001 to 2005.

THEN THE TIDE TURNED (for the worst).

IN each month of 2007, withdrawn listings were almost DOUBLE the number of withdrawn units in 2005.  ie, in August 2005 there were around 1,900 withdrawn homes for sale.  IN August 2007, this increase 100% to about 3,800 withdrawn homes.

Do you really need to sell your home?

If you don’t, I’d wait.

Are you moving up in Price range? (selling the $200m and getting a $400M)  If so, this is a good time to move up.  You’ll get less for the cheaper house, but save more by trading up.