Should you buy or sell in this market?

Thu, Nov 13, 2008

With the elections behind us, the housing crisis has regained center stage. Home owners and buyers on Trulia are anxiously wondering when to buy, how to sell and what tomorrow’s market will bring.

While there isn’t one answer that’s right for everyone, you can find local price trends and advice to help you decide for yourself. Here are three must-reads from Trulia’s Surviving the Housing Crisis Center that will help you make the best decision. It may just be the next-best thing to a crystal ball.

What can you do to help your home sell?

Six Selling Myths Uncovered
Myth #1: You should always price your home high and negotiate down. Truth: Pricing too high can be as bad as pricing too low. If you list too high, you’ll miss out on buyers looking in the… see more or reply

Written by Hank Bailey, Real Estate Professional, 30606

How do you know when to buy?

Market Indicators & Real Estate
Real estate prices cycle through highs and lows. Tracking the following market indicators will help you decide if it’s a good time to invest in real estate in your area. Job Growth…
see more or reply

Written by Andre Shambley, Real Estate Professional, Miami

Should you still sell after a year on the market?

Q: What do I need to do to sell my home it’s been on the market almost a year?

Asked by Jennifer, Home Seller, Middleburg, FL
A: If I had a listing on the market and it was not recieving any showings I would like at the condition of the home, the price of the home and the… see more or reply

Did you know… You can find out how much homes like yours are selling for. Get free emails for recently sold homes in your area. Enter your city, then look for the email link at the top!

Celebrity Home Sightings Ι Get your superficial fix here.

Nicholas Cage put Rhode Island home up for sale, in addition to two others in New Orleans and LA
$15,900,000
12br / 10.5ba

Baseball Hall of Famer Tom Glavine lists 14,550 square-foot mansion in Alpharetta, GA
$3,750,000
7br / 10ba

Parents to California’s First Lady, Maria Shriver, selling their Ambassador’s estate in Potomac, MD
$11,800,000
10br / 10.5ba

Advice & Opinions Ι Get insightful, fast, FREE advice on home buying & selling

Blog of the week

Top 5: Options for someone facing foreclosure
5. Roommates Welcome! Consider getting a roommate. If you have enough space, taking on a roommate who will not only share the utility bills but also the mortgage payment could be a tremendous help… see more or reply

Written by Kristopher Wissing, Real Estate Professional in Louisville

Question of the week

Q: Using a Buyer’s Agent
Asked by Tish, Home Buyer in Atlanta, GA
A: Just remember that when dealing with a foreclosure, you must be willing to wait up to 90 days just for a response from the lender. The lenders are extremely busy … see more or reply

Real Estate Eye Candy Ι Trulia picks

Steals & deals under 250K:
Kitchen edition

With the holidays around the corner, it’s time to start prepping for the festivities. Whether you’re a gourmet chef that enjoys hands-on cooking or the family organizer hosting all the cousins, big kitchens can make quite a difference.

These steals will sweep you off your feet and place you in your dream kitchen. From fancy granite countertops to eat-ins, November’s homes are perfect for family events and all priced below 250K! Find more homes

	Sacramento, CA $249,900 3br / 3ba / 1,664 sqft		Columbus, OH $248,900 6br / 3ba / 3,451 sqft

	Raleign, NC $196,500 4br / 2.5ba / 1,980 sqft		Detroit, MI $139,900 3br / 1.5ba