Tag

price reduction

Chasing a Falling Market

Seller’s Lament: Always One Price Cut (or More) Behind This chart shows graphically the perils of initially pricing too high, then trying to catch up to a falling market (note: the X-axis is the number of weeks on the market). In this case, the home (not my listing, thankfully) came on the market last July...
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"New" vs. "Re-List"

Q: When is a “new list” not new?A: When it’s a re-list “‘Insanity’ is doing the same thing over and over again and expecting different results.”–Albert Einstein January in Minnesota is about snow, subtly lengthening days (finally!), and — to Realtors — re-lists. Lots and lots of re-lists, especially this year. If you’re not familiar...
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