Re: For Sale Signs in TV
In the past I would agree that a lot of signs in a neighborhood could indicate some kind of local problem, but today I think it's more likely that they are an indicator of the huge inventory of unsold homes on the market. It's hard to find a block where I live in Staten Island that doesn't have more than one For Sale sign, and on many blocks there are many signs.
I also agree that signs don't sell houses. They generate leads for the realtors! Just like open houses are more for the realtor than the seller. If the houses are marketed right through the MLS (or VLS), they will eventually sell, with or without the sign.
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