Home sellers are spooked by the lowering prices of their homes. While homes on the market may still get some interest, it is not good. If an offer does come in, it is usually a low ball one. This is due to at least three reasons. One, the busted housing market is all over the news, so home buyers know that they have a lot of power; two, there is a lot of inventory out there, so buyers feel confident that if they walk away there will be many other homes to buy; three, buyers are concerned with the rising … Continue reading →