Monday, October 16, 2006

Home Sellers are starting to get the Picture

As Homes sit on the market the sellers are now starting to realize that they need to adjust (lower) their prices to get some action on their home. Buyers are very carefully working their way though the listings and finding the sellers who ARE aware of the market and pricing their homes with the current trend. Real Estate Agents are having a difficult time trying to convince the sellers they need to price their home correctly. Sellers can be very stubborn and live off old market news. When you read of interest rates or home prices in the paper or on the news it is old news many times by the time it get published. Rates are starting to move up but not fast. Keep looking and you will get the good deal you want. There is a lot news this week that could change rates so be ready for a move in rates www.rateinformer.com

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