How To Sell NOW! Or Forever Hold Your Peace...
(For A Few Years At Least)
By Audra Slinkey
So much has been said about the Real Estate
"bubble". Indeed, it's hard to expect
to make 100% on your house value within five
years (as some areas did) without a little
bit of a decline at some point which looks
to be more of a "correction" than slump.
In a recent article
in the Wall Street
Journal Online it
says, "In the latest
news from the
slumping U.S.
housing market, a
report released this
week says that
median house prices
are likely to
decline more than
10% over the next
few years in 20
metro areas,
including Las Vegas,
Tucson, Ariz., and
Washington, D.C.
The report, by
Moody's
Economy.com
Inc., a research
firm in West
Chester, Pa., also
says that the slump
won't end quickly.
Indeed, according to
the report, prices
may keep falling
until 2008 or even
2009 in some areas.
In all, prices are
falling or likely to
decline soon in
about 100 metro
areas, the firm
says."
What does this
mean for home
sellers and
Realtors?
You'll probably get
MORE for your home
TODAY than you will
6 months to 3 years
from now so you
can't make a half
hearted attempt at
selling your home if
you really want to
get it sold.
Buyers know that
prices will go down
so many are deciding
to wait which means
less buyers for more
homes thus heavy
competition.
Home sellers
should not simply
"wait" for the right
buyer because this
waiting in a
declining market
will only result in
a lower home sale.
Home sellers who are
selling in this
market are the ones
who compete the
best. They
have their homes
PROFESSIONALLY
Staged, use a top
notch Real Estate
Agent to market the
home and price the
home right (using a
range if need be to
get better Internet
exposure.)
There are buyers
out there so it's
just a matter of
attracting them with
a good agent(getting
traffic) and
capturing their
hearts with a good
house marketer or
home stager(home
staging). Do
it now or hold your
peace...
Go to our Directory to find an HSR
Professional Home Stager...
Read the
Wall Street Journal Online Article Source...