With school beginning over the next few weeks, sellers will see a further decline in potential home buyers. Most families have kids and when the kids are school age, parents want to be "in position" before school starts. Parents do no like to move their kids during the school year if possible so they try to buy during April, May and June and a last minute rush during July. August on, brings a shortage of buyers in the market. Of course this does not affect most first time buyers or people taking new jobs a distance from their home. But it does not bode well for sellers in this slow market.  Since there is a last minute flurry right now I would encourage sellers to look very closely at ANY offers they receive. These offers will be harder to come by over the next few months and as we get toward the holidays, it will be almost impossibe to sell a home. You will probably have to wait till spring of '09.