Selling a Home Can Be Challenging
Good Monday Morning!
It looks like more scorching heat on it's way to the Eugene and Springfield area. It will be a good week to visit the Coast, the lake, river or nearby pool.
Selling a homne can be challenging during our current Real Estate market. The truth is that many homes are selling during this market and the ones that are selling have one thing in common. They are priced correctly for this market. Home sellers expectations for the price that their home is going to sell at can be quite different than the reality of what this current buyers market dictates. The key element right now is to actaully price the home at a level below what the comparable sales indicate. The is especially true if the comparable sales are several months old. Not only has the overall market declined in price over the last several months but it is declinging now. If the average time to sell a home right now is 120 days then we have to look at where we feel the market is going to be in 120 and price the home accordingly. This strategy will get the home sold and believe it or not help the seller will get top market price for their home.
One thing to remember is that if you are selling and buying another home in this area, you make be taking a perceived hit on your homes sales price but the home you purchase will be taking an equal or larger hit. It is an extremely good time to sell if you are a move up buyer! Please contact me if you would like to get an honest opinion on your homes current market value or log onto www.forhomesellers-nonSmartZip.com for a look at your homes market value sent to you by e-mail.
Have An Awesome Week! (Stay cool!)
THIS WEEKS HOT HOME LISTING!
Have An Awesome week!
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1064 QUINALT ST, SPRINGFIELD, Oregon
Description: This is a great one-level home with a very fun, open floor plan. It features a great living room, kitchen and dining room and don’t miss the huge utility/hobby room! Outside you’ll enjoy a .... |
