Price, condition, site grab buyer attention

The best way to determine price in our market is to start looking at two categories of real estate: sold and actives. As per the author from The Washington Times, price and condition is the two most important things that grab buyer’s attention. Sellers need to look at where the competition is priced and price lower than the lowest price. Condition is the second part of this equation that sellers have control over in today's market. Mentioned below are the steps that must be taken for a successful sale. New paint everywhere, New flooring and paint make people drop open their mouths with "wow", getting all the windows cleaned and caulked, new faucets throughout, new hardware on the doors, and new switches and switch plates take the house from merely cleaned up to new. [M. Anthony Carr, The Washington Times, December 22, 2006]

Time to Buy is Before Seller's Market Builds

When it has been officially deemed a buyer's market by all the national real estate associations then it is said to be a good time to buy. According to the author from The Washington Times, seller’s markets need to build, while buyer's markets happen overnight. Buyers of resales have a while now to choose from the homes they want, and interest rates are still fairly low. Buyers are waiting for the bottom to hit and sellers are holding onto prices or removing their homes from the market. The author think buyers should get off the fence, get financed and purchase a home due to historically low interest rates and high inventory. [M. Anthony Carr, The Washington Times, November 24, 2006]