Sellers are discovering the cold reality of post-housing-bust prices: No matter what they think their homes are worth, what matters is what buyers are willing to pay. That can be a lot less in areas where the supply of houses for sale is swollen by foreclosures and short sales, often priced 20% to 30% below the ones being sold by financially healthy owners. Nationally, such properties account for a third of all sales three years after a historic chill blew over an overheated housing market.

 

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Posted by Helen Oliveri on 08/12/2010 05:22 PM   Comments (1)  
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1 Comments on Homes Will Sell if Priced Right; Foreclosures Have Impact

AUG
12
2010
253,971 Points 2 Featured Posts

Hi Helen,

Thank you for sharing that very good article. Yes, foreclosures certainly do have a huge impact.

Steve
5:29pm • #1


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Helen Oliveri

Glenview, IL

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The Helen Oliveri Team of Keller Williams Realty Partners

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