Thursday, August 27, 2009
According to a survey, many real estate professionals say that real estate prices will remain the same for next six months. Nearly 1,100 practitioners were surveyed, out of which nearly 69 percent said they were convinced that home prices have hit bottom. The survey also shows home sellers and buyers don't see home values in the same way. Nearly 81 percent believe that value of their clients house have decreased in the last year. Nearly 75 percent said their clients believe their homes are worth more than the listing prices they recommended. Nearly 85 percent of the buyer clients believe that homes for sale are overpriced. And at last 71 percent said they persuaded their clients to list a property at less than what the sellers initially believed the property to be worth.



1 Comments:
At August 28, 2009 12:11 AM,
Jenny said…
We could always look forward for a brighter day but the truth is, we haven't reached the bottom. I heard the worst is yet to come. Thanks for sharing a great post. By the way, I know a great Kentucky home that might interest you too. Thanks.
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