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Real Estate Tips
Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Real Estate Trivia
Q 
What famous building receives a fresh coat of 300 tons of reddish-green paint every seven years?

A 
The Eiffel Tower in Paris, France.
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Susan Resch, REALTOR®, real estate agent and broker for Wilton, Westport and Ridgefield, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Susan Resch
Coldwell Banker

77 Old Ridgefield Road
Wilton, CT 06897
203-644-5055
Fax: 203-762-3577
SusanResch@NUMBER1EXPERT.com
SusanResch@aol.com
SusanResch@cbmoves.com

Depend upon Susan's knowlege, experience and expertise for your Real Estate needs.

Equal Housing ERC MLS REALTOR RELO wcr


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