Tuesday, September 7, 2010

Advice for home sellers - Pricing homes right in a housing slump

The Asbury Park Press carries an AP story of interest to home sellers.
“The good news for sellers: Your house will sell. The bad? Only if the price is just right.”
That translates into taking a hard look at your listing price if you are serious about selling.
“The recently expired tax credits for homebuyers gave sellers a boost. Home sales surged and values edged up. The worst appeared to be behind us. But since the deadline passed at the end of April, housing has faltered. Job insecurity, tight credit and consumer confidence are undermining a sustained recovery, despite the lowest mortgage rates in decades.”
“Here's the disconnect facing sellers: The vast majority of sellers believe their homes are worth more than what their real estate agent recommends, according to HomeGain.com. At the same time, most buyers think for-sale homes are overpriced.”
And it doesn’t look as thought things will change for a while. What do you think?  How does this affect you?

Read the full article.

If you have questions about what you see here, contact
Stephen M. Flatow
Stephen's Title Agency, LLC

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