“There is no iron law that real estate must appreciate.”
Real Estate Markets
“If I’ve done my homework and priced my house correctly, any haggling between me and a serious buyer should be in the vicinity of between five and ten percent of the asking price – and not having to pay the realtor six percent is going to make coming to an equitable agreement for both parties a lot easier.”
Has the real estate market hit bottom? Is it time to buy? Time to sell? Should you rent rather than buy? Should you rent the home you own instead of trying to sell it? No matter your housing needs and desires, here are some ideas that’ll help your cause.
This advice is probably a little late for owners of the 1.5 million homes in foreclosure, but a WSJ story succinctly tells the big reason anyone should become a homeowner—because it saves money compared to renting, not because it’s going to make anyone rich. Many speculators are learning that buying a property you cannot afford will do …