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If Your Home Hasn’t Sold Yet… Definitely Check the Price! | Kris and Kimberly Darney

If Your Home Hasn’t Sold Yet, Definitely Check the Price!

If Your Home Hasn’t Sold Yet… Definitely Check the Price! The residential housing market has been hot. Home sales have bounced back solidly. They’re now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring.  Many real estate professionals are reporting bidding wars.  Many homes selling above listing price. What about your house?

If your house hasn’t sold, it could be the price.

If your home is on the market and you’re not receiving offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prosp­­ective buyers.  These potential buyers will never see your house. See chart below.

If Your Home Hasn’t Sold Yet… Definitely Check the Price!

Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

Call Us Now To Sell Your Home…

Office: 909.985.9392 or Text Us: 714.657.6634

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Kris and Kim Darney – REALTORS® – Grandparents – 714.657.6634 – CA BRE# 01930954; 01464957; 01458057

712,000 US Homes Moved Into Positive Equity in 2017

The average homeowner gained approximately $14,900 in equity during the past year. Compared to Q3 2016, negative equity decreased 22% from 3.2 million homes, or 6.3% of all mortgaged properties. U.S. homeowners with mortgages (roughly 63% of all homeowners) have seen their equity increase by a total of $870.6 billion since Q3 2016, an increase of 11.8%, year-over-year.

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