Carol Burns Blog

The busted bubble
July 11th, 2007 12:30 PM
It is really frustrating to see all the media on the market as a REALTOR®. Unfortunately, they are only taking about specific areas. Not every market is what they are reporting. We have a very healthy market here is Kent County. Yes homes are taking a little longer to sell than they did last year, but the last year or so was the exception not today. Interest rates are still low. If a house is priced right, it will sell, it is that simple. There are only 2 reasons a property will not sell, Price and Location. Well you can not change the location. I have seen properties priced on the high side just sit and sit. But the neighbors house is priced for the market share (Not below market) and will sell within 30 days. The market share is the key. You can not be above the market share to price your property. The buyers just will move on to the next one.

Posted by Carol Burns, CRS on July 11th, 2007 12:30 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Harrington ERA Realty 516 Jefferic Blvd. Dover, DE 19901
Phone: Toll Free Phone: Fax:

Our Homes | Home | ARM Calc | Mtg Tax Savings Calc | Blog

Copyright © 2010 Harrington ERA Realty
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: