There is no doubt that demand for housing has slowed. The National Association of Realtor's 3rd Quarter Existing Homes Sales Report showed that sales were down in all fifty states and the District of Columbia (3rd quarter vs. the 2nd quarter). The decline was in double digits in all but two states (Nevada and California). Those are the facts.
But let us not allow the facts to get in the way of the truth. The truth is that over 4 million homes will have sold in this country by the end of the year. That averages out to be over 10,000 houses a day! Every day – 365 days a year!
Houses are selling. The question is will your house be one of the 10,000 that sell today. That is entirely up to you. You and your family can move on with your plans and dreams immediately. You just have to be willing to price the house at what today's purchaser is willing to pay. Will you be able to sell it for what it would have sold for in the past? Probably not. Will you be able to sell it for the price you had desired? Probably not.
You must weigh the cost of selling today (a reduced profit on your home) against the cost of not getting on with your life. There is no doubt that money is important to everyone, especially today. Being able to follow your plans and dreams is also important however. Don't allow money to ultimately control that decision.
Decide what is best for you and your family – AND DO IT!!
We can show you how. A few times a week we sit down with homeowners and give them the info they need to make a decision. Just last night we delivered some heart-breaking news that the $40,000 the homeowner had put down on the home four years ago has been eaten up by the market's depreciation. There are always other things to take into consideration, however. There's opportunity in Florida, her next destination, where she will likely be able to buy a "dream home" for $150,000 vs. the price tag of $350,000 three years ago. Let us help you make one your most important decisions!