Saturday, April 01, 2006

Location, Location, Location

Price, Price, Price!

A seller who wants to position their property in the most effective price window values it just above recent sales and just below other competing properties in the neighborhood. A home priced correctly should expect a reasonably quick sale at the best price. The Pensacola Association of Realtors stated that homes in January and February were on the market approximately 89-93 days, that's 3 months guys!! Homes on the market for 6 or more months must therefore, be overpriced?! Property values rise as demand increases. However, property values fall as supply increases. Like right now. It's a buyers market right now. So don't be put off by inflated prices, just come and make an offer. In this area all reasonable offers are considered.

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