Are you selling your home? Have you had to drop your price? It has been a very common occurrence and it sure seems like only the very best homes are selling – but not at a premium – they are selling for average to below-average prices. It is a tough, hot, humid, competitive market out there this summer, so in order to attract attention from buyers, you have to work very hard to get your property ready. Preparation, staging and style will give you that competitive advantage, but you still must price the home very competitively which can be a hard thing to swallow after pouring money, sweat and time into preparing your home for sale. Below are links to a few interesting local news stories.
- The Business Journal reports that area homes are cutting prices before finding buyers.
- The Star reports that foreclosures are up in Missouri, but down in Kansas.
- Mortgage rates around 4% for a 30-year fixed. WOW.