As the U.S. real estate markets shift in favor of the buyer, it is becoming ever more necessary to know your game before purchasing a home. In years past the sellers really controlled the market and we saw rapid jumps in price, bidding wars and some buyers on their heels trying to find a home that was appropriate and affordable. As the market has become more favorable to buyers we are seeing the result of that turn, buyers who could once command almost any asking price are stumped as to why their home is not selling within a week or two. This has naturally caused sellers and many industry insiders to proclaim that the "bottom has fallen out of the real estate market!" This is not really the case as what we are seeing is more of an adjustment to reflect the current st View the rest of this article
Sunday, August 5, 2007
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