E Hong, the market is moving and rates are very low to entice the buyers to purchasing homes with the new stimulus plan. Make sure your home is ready for market and priced correctly for the area. The first sight of your home when buyers pull up and walk-in are the most important. Make sure your home is clean and smells good from the first step into your home. If not most buyers walk right back out of your home. If your home is not in good shape the price of your home will depreciate. The market is flooded with short sales and foreclosures right now. Make sure your home is not overpriced in this market or you will see it sit on the market.
Deanna Kerr
3D Real Estate LLC
Broker/owner
636-219-2136

Our Team does the majority of our business in O'Fallon, MO 63366. We are having ANOTHER banner year! Homes ARE selling, that are priced right and marketed correctly. Homes that are priced at 2006 prices are sitting on the market and HELPING get the homes that are priced right.....SOLD FAST! It's CRITICAL to have an agent that SPECIALIZES in the area that you're trying to sell in - they know the trends and are familiar with ALL of the inventory that your home will be COMPETING with! We'd love to drop by and show you what MEGA-MARKETING is all about. Then all you need to do is start packing! Take a tour of our website and see what we're all about!
JArnold@cbgundaker.com

It depends on what market area you are in. I am in the Long Island, New York area and although prices are down quite a bit activity is starting to increase. There is a definite increase in well qualified buyers. Once these buyers all go to contract the inventory levels should decrease which should eventually lead to a shift in our supply and demand. Currently there is about an 18 month supply of homes on the market once that number comes down price should start to slowly increase.

Kathleen Evangelista
Prudential Douglas Elliman Real Estate
Franklin Square, NY 11010
kathleen.evangelista@prudentialelliman.com