Tampa Bay Blog

November 28th, 2007 8:01 PM

Seems here in Tampa, Sellers are feeling the heat to lower prices and settle for a lot less than they wanted.  It's unfortunate for sellers right now but it wasn't too long ago that we were enjoying the incredible appreciation. 

So when does it bottom out?

There's a lot of speculation as to how long home prices will continue to drop.  Some say we might start to see a rebound in mid 2008 others are predicting 2009.  The truth is we won't know where the bottom is until the prices start to head in the other direction. 

So what do we do today?  Well, if you are a seller you need to make sure your home is priced competitively.  Then you need to make sure you are getting the most exposure for your home and last you need to be flexible.  Remember, this is a Buyer's market and they know it so be prepared to help toward closing cost or some seller concession.

Now, if you have a life and work a real job you should really consider hiring a professional to sell your home.  An aggressive realtor will not only help you set the price but get you to your goal of selling your home.  For a FREE report on 10 Most Important questions to ask before you Hire an Agent go to www.SellTampaHomes.com.  

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Posted by Walter Delgado on November 28th, 2007 8:01 PMPost a Comment (0)

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