2014 Home Selling - Pricing Your Home Right

2014 Home Selling - Pricing Your Home Right

The housing market is recovering nicely.

Prices have increased nationally by double digits over the last twelve months.

Competition from the shadow inventory of lower priced foreclosures and short sales is diminishing rapidly.

Now may be the perfect time to sell your home and move to the dream house your family has always talked about.

But now is not the time to overprice your home.

Even though prices have increased by more than 10% over the last year, the acceleration of appreciation has slowed dramatically over the last few months.

The April Home Price Index Report from CoreLogic revealed that home prices actually depreciated by .08% this month as compared to last month’s report.

Because investor purchases are declining and there are more listings coming onto the market, sellers should be very cautious when they price their house.

Though it is a great time to sell your house, pricing it right is crucial.

Click here to search Lake County Illinois Homes for Sale.

Jim Starwalt

Thinking of making a move?

Log onto my website at www.StarHomeTeam.com and search Northern Illinois Homes for sale.

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com

Jim Starwalt, Real Estate Broker
RE/MAX Center
Phone: 847-548-2625

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2014 Home Selling - Pricing Your Home Right