Archive for
Am I Facing Reality?
Well at the beginning of the month I beat up on sellers telling them that they must face reality. I must soften that a bit and admit that saying that is easier than doing it. I understand that pricing a house that has been your home is not only a business decision, but also an [...]
Sellers: You Have Got to Face Reality
Many sellers are not facing the reality that their house is worth less than they think it is. Unfortunately, some sellers have financial reasons for “needing” to get more than the market will bear.
I just got an email from a seller in New Jersey who says:
“We are currently listed with a real estated agent, [...]
David Lereah of NAR Brings Us Good Tidings for NJ Real Estate
After bottoming in the fourth quarter of 2006, existing-home sales are forecast to gradually rise through 2007 and into 2008, while new-home sales should turnaround by summer, according to the latest forecast by the National Association of REALTORS®.
David Lereah, NAR’s chief economist, said annual totals for existing-home sales will be fairly comparable between 2006 and [...]
