The Florida Association of Realtors® has reported that in March 2008, just 572 single family homes were reported sold by local Realtor® boards in Palm Beach County, down 21% from March 2007, with a median price of $320,200, down 15% from a year ago.

On the positive side, the number of homes sold in March jumped from the 401 homes sold the previous month. And we’ve seen more buyers on the streets looking at homes.

In what might turn out to be a domino falling move, some lenders have been freezing or reducing access to existing home equity lines.

What lessons have we learned in 2006 and 2007 about marketing a home for sale?

One very important one is that in a declining market, just like shooting ducks in an arcade, we have to lead the target.

If you’ve noticed a change here, it’s because I have just moved all my site content, including web pages and photos, over to WordPress.

Many links will be affected but the site navigation has not really changed, it’s been improved. And the site will be easier to manage going forward.