Sunday, April 23, 2006

Selling in a buyers' market

Pete Montero listed his Ann Arbor, Mich., home nearly a year ago at $379,000.

The 2,600-square-foot home didn't attract buyers, so Montero dropped the price in $10,000 increments — he's down to $329,900 — and has considered remodeling the kitchen.

"We really didn't think any individual thing about the house would make it difficult to sell," said Montero, whose four-bedroom home has a finished basement and sits on a cul-de-sac.

Spring is typically the busiest time of the year for home sales. But with  (Read More)

Source: The Seattle Times: Real Estate