Housing Market
The sale of your home can depend on the local housing market or the national housing market. Check here for more information and updates about the state of the housing market, and advice on how to buy or sell in any kind of market.
Featured Housing Market Article
Home Prices Decline While Existing Home Sales Rise
Added August 12, 2009 by Jennifer A. Freeman
Home prices decline while existing home sales rise slightly in the second quarter. Median home prices fell 15 percent from a year ago, thanks to home prices going down due to foreclosures and short sales. According to the latest survey out from the National Association of Realtors, existing home sales are up 3.8 percent from the first quarter. Home sales rose due to lower median home prices, the first time home buyer tax credit and lower interest rates.
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What does it take to sell your own home and what should you do first? You're responsible for both the seller's and the agent's duties. The most important this is to make sure your pricing is comparable to others in the neighborhood. Set a good listing price and you will attract buyers to the table…
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