When Will Home Sales Bottom Out?

Is there a final end is sight to a declining housing market? Will home sales improve this year, next year or in 2010? Bakerate.com conducted a study, bring together a panel of experts in the industry, and this is what they found. One thing to understand about forecasting the housing market is that although it is based on good solid information, such as foreclosure rates, job growth, new construction figures and home sales and prices, that it is still forecasting. No one really knows the future, including the weather, although we can make some educated guesses. The next thing to … Continue reading

Setting the Price of Your Home

One of the biggest issues in today’s real estate market is how to set the price of your home when it comes time to sell. During the boom, you could ask for the sky, and chances are that bidding wars would bring you the moon as well. Today, that isn’t the case. Here are some tips to help you set the price of your home before you put it on the market. First let’s talk about the real estate agent or broker. Contact at least three different agents and ask them to do a market analysis on the price of … Continue reading