The current real estate market does not look very Sell my home fast. For the past few years, US home prices have shown record declines.
According to David M. Blitzer, chairman of the Standard & Poor’s index committee, “Unfortunately, it does not look like early 2008 is marking any turnaround in the housing market” after a declining 2007. “No markets seem to be completely immune from the housing crisis.”
In 2009, the housing crisis is currently at an all-time high consequently bringing about a much steeper dip in real estate sales compared to last year.
Housing prices nowadays are dropping at an alarming speed. It’s the buyers that are calling the shots in the marketplace and before you know it, you are selling your house at bargain-basement prices!
The trick is to sell your house quick if you want to be competitive in the market. Many homeowners are slashing their prices, the Buyers are getting away with buying severely undervalued houses while leaving the homeowners (Sellers) shortchanged.
Real estate trends are changing fast that you must keep abreast with the times to stay on top of the game and have your house sold.
It’s very easy to get discouraged with today’s real estate market crises. For instance, in an article posted in The Wall Street Journal digital network, Amy Hook of Chicago Market Watch reports, “An increasing percentage of Americans are willing to consider the purchase of a foreclosure home, even knowing that there are some negatives to acquiring distressed properties….”
The scary thing with this development here is that homeowners are already tagging the prices of their houses at the same rates as banks are selling foreclosed properties just to unload their houses.
It’s not fair to get the worst end of the deal simply to sell your house quick, yet it’s understandable that many of you think that this is the only way to go about selling your house considering the existing real estate market conditions, but it doesn’t have to be this way.