Marin Home Price Reductions Abound - Advice for Sellers
Posted by Marin Modern Team on Sunday, October 28, 2007 at 10:59:59 PM
By Marin Modern Team / October 28, 2007
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The tables are turning in the North Bay real estate world. Recently I have witnessed a significant increase in the number of price reduction while perusing the Marin County MLS for my home buyer and seller clients. With this in mind, I decided to take a quick look back to see exactly how many price reductions there have been since the begining of October, 2007.
Month to date, there have been a total of 377 homes that have had price reductions and only 282 new properties that have come on the market. What does this all mean?
A property will garner the most interest and traffic (from both buyers and agents) during the first few weeks the home is on the market. ...
Month to date, there have been a total of 377 homes that have had price reductions and only 282 new properties that have come on the market. What does this all mean?
Seller Expectations + Market Realities
The market has transitioned and sellers need to understand the importance of pricing their home properly from the beginning.A property will garner the most interest and traffic (from both buyers and agents) during the first few weeks the home is on the market. ...