It’s true, less than 2 months from a similar post I still find myself having to convince some seller’s(and agents) that pricing is everything in this market.  And it’s not surprising that those who have equity in their homes still have an expectation that the market will support their somewhat inflated prices.  If you have equity and need to get out of your home, there really is no excuse for not pricing it right.  It’s those who don’t have equity and have to sell that are at a huge disadvantage and sometimes suffer greatly when they price it.

But as the entire country is still feeling the aches from a market in decline, an article from Washington published in this past Sunday’s paper gives some perspective on this agonizing and somewhat avoided truth.  It explains that staying in front of the market is crucial to selling.  And instinctively how owners know that adjusting prices downward is inevitable, if homes are not in a good location or in good condition. At best, you begin chasing the market downward in price.  

So, Got Price?