According to all the wirters – the market should start to rebound by the end of the year. Even though they expected the prices to go up, it seems that it has not happened because of many factors. One is the amount of inventory and the other is short sales or foreclosures that are pulling the prices down. However – now that some of these issues are slowly going away, we should see a stronger market soon.. Of course, prices still won’t be where they were a few years ago, but it looks as though we have “bottomed out.” The Buyers are out there and they’re bidding. But they know there is lots of inventory so they are not as loyal to one house as they use to be. As a Seller, if you get a bid – work it! Try to negotiate the deal and get on with your life. Keeping a home here in the northeast means, shoveling snow, paying heating bills, keepiing up with the taxes, repairs and more. When you add it up, it’s more financially sound to sell and move on. Enjoy your life!
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