Several local homeowners are no doubt disappointed by the lack of potential buyers in the market. According to the following article in USA Today, existing home sales fell 1% in April compared to one year ago... the midwest saw a 6% decline. Meanwhile, the number of homes for sale on the market is 'surging'.
Find the details in the following USA Today article. There is a little bit of a rosy outlook (for homebuyers), but you have to read all the way to the end!
http://www.usatoday.com/money/economy/housing/2008-05-23-existing-home-sales_N.htm
In my opinion, there is no better time to consider selling fsbo. After getting a professional appraisal of your home, you can be much more flexible with your price- knowing you won't have to pay a six percent realtor commission.
Saturday, May 24, 2008
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