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NY Times article: "Dry Your Eyes and Lower the Price"

By
Real Estate Agent with Weaver Real Estate 41855

There is a lot of conversation these days about the new market reality. In 2006, home sales were easier, loans were no problem, and home values went up each year. I know, this is not “Breaking News”, but there are lessons to be learned, especially for agents, home sellers and owners.

The following article, “Dry Your Eyes and Lower the Price”, from the New York Times Real Estate section, shows how it sometimes “pays”…. to lower the price.

Re-posted from the Ruidoso Blog: Visit us to learn more about the real estate market in Ruidoso.

Comments (2)

Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

I have buyers that are wanting to undercut seller who have just lowered thier price by $10,000.00- this one in particular hsa lost 3 houses...  hopefully he learns quicker next time...

Feb 26, 2010 04:49 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and evenen there Mary

Been do-en my best to get by to visit everyone, that was so kind to leave a comment on my last blog post.

With all the new things that are coming out, and the ones still in the works. I sure don't see Real Estate sales go-en be easier any time soon, if ever. One thing I have seen go on in this area, and it started right after the $8,000.00 Tax credit came about. Alot of the listing Agents in the area raised the prices of the homes they had on the market. There was one my lady and I was looken at, and when we had the Agent we were working with call the listing Agent so we could go back for a second time, we got told they were asken $6,000.00 more for the home now. Its still on the market to this day.

Baker Home Energy Audit and Commercial Properties Inspections

Mar 01, 2010 01:02 PM