Counting "Motivated" Sellers

Today's calculation of seller's described as "motivated" by their listing agents in the MLS database shows that the percentage has declined to less than 4% in six of the most desirable in-town Houston MLS areas. It rose above 4% two times in the last two years: December 2005 and December 2007. I think it will continue to decline in these great neighborhoods during the upcoming high selling season: March, April, May. The neighborhoods include River Oaks, West U, Bellaire, Memorial, Tanglewood and others.

Link to chart: http://www.westurealestate.com/motivationindex.htm