Trying to sell a home in this economy can be a heart-wrenching experience. Cutting the price may seem to be the obvious choice but is the obvious choice the right one? Here is a quick-and-dirty guide on how to sell your home now.
Many hopes are pinned on the Frank-Dodd Financial Reform Act of 2010 (aka FinReg) and you may be forgiven for thinking that it is going to rein in Wall Street excesses, protect consumers from abuse and make the (financial) world a better place. One heck of a bill!
If only it were so. But it isn’t and here is why.
Today, the National Association of Realtors reported truly ugly sales of pre-owned homes. The number plunged by 27% to a seasonally adjusted annual rate of 3.83 million, the lowest level since they came up with the first tally over ten years ago. What did they expect? A recovery?