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Real Estate Tips
Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Real Estate Trivia
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What do 84% of homebuyers who use the Internet to search for homes have in common?

A 
They use a real estate agent to purchase their home.
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Melissa Butler, REALTOR®, real estate agent and broker for Charlottesville, Lake Monticello and Louisa, Virginia home listings, property and land for sale

Melissa Butler
Better Homes and Gardens Real Estate III

10046 Three Notch Road
Troy, VA 22974
Phone: 434-996-4529
Fax: 866-505-4235
Toll Free: 800-207-4684
melissabutler@BestImageAgent.com

"Guiding You Home"


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