Sunday, March 05, 2006

Home Sellers: How to Avoid Pricing Your Home Too Low

: "Housing economists know there's one constant in the real estate market: change. In the years since World War II, home prices have generally headed upward, with only temporary reversals in pockets here or there. But given the subtle nature of most such shifts, pinpointing the right price for a property can be a challenge.
'Every home is unique, and therefore pricing is more of an art than a science,' says Ray Brown, co-author of 'House Selling for Dummies.'
Naturally, homeowners often push for a price higher than the market will bear. But seasoned real estate specialists know it's also possible for sellers to undervalue their properties."
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