The real estate market has changed, and will continue into the months ahead. This new trend will benefit some, yet others may find it less than optimum. Real Estate is a market, and markets cycle, so this recent trend driven by the rising interest rate should not surprise. For many, there will be questions and concerns about trying to sell in a market that is slowing, with asking prices softening. And those questions can only be answered by a Real Estate Broker, who is following the market very closely, and pricing houses daily. Accurate pricing is the most important factor in a declining market. Pricing "in the money" is of highest value, if you as a seller want to sell your property at the prevailing market value. Failing to set an accurate price will most assuredly result in your property not selling, and could damage the opportunity for it to sell due to stigmatization by the market.
Posted by Mark Ossinger on
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