I had to share this great post from my colleague in Stuart Florida.  He makes some great points on the prices of homes in the current market. 

Via Gabe Sanders, Stuart Florida Real Estate (Premier Realty Group):

Low home prices won't last forever, but it could be some years before you could get the price you would like for the home you are selling.

Right now, buying and selling are a trade off. That is, you sell for a lower price, but you also buy for a lower price. With the home you buy at this time, you'll get a lot more for your money than what that home would cost in years to come.

Under the present conditions, you and other prospective buyers would do well to ask yourself what the personal cost of not moving forward would be. Waiting for Prices to Rise?

The home you would buy is the place you need today. It would have more rooms and be more efficient for everyday housekeeping and activities. The enjoyment and excitement factors involved in getting the new place could be significant.

One of the big questions involved in buying is whether you have enough equity in your present home so the mortgage can be paid off.

If that's not a problem for you, this is an excellent time to begin your search for the right home.

How long would it take to sell your present home? If it's in a neighborhood people like and it's in good condition, it might not take very long. Friends of mine were shocked when their home sold in two weeks.

It's true that if you wait several years before selling your place, you will probably get a few thousand dollars more for it. But why wait until your children are grown up or away at college before going into a home where each could have their own room, or a guest room for visiting grandparents or maybe a recreation room they would all enjoy?

About The Author 

Barbara Martino-Sliva, Realtor® at Dale Sorensen Real Estate Inc., VERO BEACH FLORIDA is the author of this blog and several other sites on the Internet. She has also been a guest speaker on an on-line radio program dealing with Florida and Vero Beach Real Estate and a columnist for the digital magazine FLORIDAYLIFESTYLEONLINE. Barbara is your Real Estate Connection in the Vero Beach area, and is always available to help you with your Real Estate needs. If you have decided that quality of life in VERO BEACH  is worth seeing, call her anytime at 772-321-4484 or to search for homes visit: www.VeroPremierProperties.com and her Vero Beach Blog: www.VeroBeachRealEstateVoice.com.

Over 90% of all homes are found online. I create a dominating online presence for my clients properties. My Real Estate blog is highly indexed in GOOGLE.

 

 

        "Your Vero Beach Real Estate Connection" 

                                       Vero Beach Realtor Barbara Martino-Sliva, Vero Beach Real Estate

                         BARBARA MARTINO-SLIVA OF DALE SORENSEN REAL ESTATE
                     
                                       Beyond Your Expectations

           Fine Vero Beach Homes in "all price ranges"

 

           

 

                   www.VeroPremierProperties.com
                   www.VeroBeachRealEstateVoice.com

                              www.GrandHarborVeroBeach.net
                   BARBARA@martino-sliva.com
                         772-321-4484

  
                                                        Follow me on Twitter

     Copyright © 2012 and beyond Barbara Martino-Sliva, All Rights Reserved.
              Information is deemed reliable but not guaranteed.                       

 

4 Comments on Waiting to Sell Your Home for a Higher Price?

OCT
31
2010
161,133 Points 2 Featured Posts Outside Blog

Yes, it's all about the move or relocation. Sellers get too hung up on the price of their house, even when they stand to gain so much more by making the move, even financially. I guess it's just the principle of getting less, even when it means getting more after it's all said and done.
8:40am • #1
1,392,368 Points 28 Featured Posts Hit Router Called Shot Master
Thanks for re-blogging Barbara.
9:15am • #2
1 Featured Post Called Shot Master

Your home isn't worth what you want to sell the property for it is what someone will actually pay. If you list your home for $300,000 and it sells for $250,000 you didn't loose $50,000 you just wasted time at $300,000.
10:29am • #3
NOV
02
2010
1,346,125 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Barbara - when I have someone ask me if the price is going to get any lower I know I am dealing with someone not really interested in purchasing! The prices are great right now and won't last much longer!
8:03pm • #4

Login or register to leave a comment
 
Treasure_coast_vero_beach_agent600 Ambassador_large

Barbara Martino-Sliva, Vero Beach Real Estate, Homes for Sale

Vero Beach, FL

More about me…

Dale Sorensen Real Estate Inc.

Address: Vero Beach Homes For Sale, Vero Beach Real Estate, Indian River Shores Real Estate, Oceanfront, Riverfront, Golf Communities, 3206 Cardinal Drive, Vero Beach, FL, 32963

Office Phone: (772) 492-5341

Cell Phone: (772) 321-4484

Email Me

Author Bio: Barbara Martino-Sliva brings 20+ years of Real Estate experience to every transaction.

>

Get the ultimate web translator with flags widget and many other great free widgets at Widgetbox! Get the Simple Weather widget and many other great free widgets at Widgetbox! Not seeing a widget? (More info)

Locations of visitors to this page

Vero Beach Florida


Visit Short Sale Superstars

Get the Simple Weather widget and many other great free widgets at Widgetbox!

Locations of visitors to this page <!-- Site Meter -->

Site Meter


Listings

Links

Archives

RSS 2.0 Feed for this blog