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Craigslist Listings Are Up Double From A Year Ago

News Flash: Craigslist on Fire

More and more cash strapped people are offering their stuff for sale at bargain prices online at auction sites like Craigslist. For-sale listings on Craigslist are almost double from a year ago, which Craigslist CEO Jeff Buckmaster noted as growth "moving above the usual trend line." Many listings introduce a sort of personal tone by disclosing the reasons for selling their possessions — needing to pay bills and make ends meet explain why someone would sell family heirlooms or their engagement ring. Nancy Baughman, founder of eBizAuctions summarized the situation like this: "This is not about downsizing. It's about needing gas money."


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