US home prices fall 3.1 percent…
“US home prices fall 3.1 percent in first quarter in largest drop on record” was the headline today on finance.yahoo.com.
Please let us know what your thoughts are on home prices in your area. Are they affected by the current state or the market, or perhaps some other causes that are affecting home prices in your area?
Tags: Economy, FSBO, Real estate Market, Yahoo Finance
June 2nd, 2008 at 11:06 pm
Home prices here in the Midwest are affected by the market, just like everywhere else, but many are still selling at or near their listing price (94-97%), and within a short period of time (less than 31 days). The key to selling here is to have it priced correctly and staged well. If those two things are in order, you should have no problem selling your home!
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