Real estate that is selling in most places is selling because IT IS PRICED RIGHT. People are buying real estate that they view as priced appropriately. If a home is affordable and is appealing to most buyers (clean, uncluttered, in good repair, etc.), it will sell.
Real estate that is not selling is property owned by people who are having a hard time letting go of what they think their home is worth or who will lose money if they sell at the market price. The reality of realty is that home values are not nearly what most people thought they would be when they purchased their homes, whether they bought at the height of the market or while market prices were climbing five to ten years ago.
Are you curious about what your home is worth in today’s market? If so, contact Michael Zimmerman for a free consultation.
