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Whats Happening in the Owen Sound Real Estate Market!

Housing inventory in most of our market area has increased since the same period last year. Sellers should be prepared for a longer stay on the market, as the average

days on market has increased as well.  Home prices are starting to fall marginally.

 

Sellers  due to increased inventory, home buyers have a lot of choice when shopping for a home.  Make sure your listings are priced in line with today's market.  Many

sellers believe that if they start with a high list price, they can always lower it later.  However, when a property is priced too high, most often, it will experience little activity.

As the price is lowered the property has already been on the market too long.  A property which has overstayed its welcome on the market will detract potential purchasers.

Lets price your home just right and get it sold!!

Published Saturday, November 15, 2008 11:44 AM by Wanda Westover

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