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| National Association of Realtors streetscape (Photo credit: dannyfowler) |
If you've ever owned stocks, then you probably know the
feeling of holding a stock too long and missing out on selling it at the
highest possible price. It's not a good feeling, and it's definitely not a
feeling you want to have when you're talking about your biggest investment you will probably ever make:
your home.
Most people will only see news which shouts about record price gains across the country, but the most important question to answer is the age old question. What's going to happen next. The truth is that no one really knows for sure, but anyone can make an educated guess. Certain markets are far more different than others, and understanding your micro economy can give you an edge when deciding whether or not to put your home on the market, and at what price you should do that. We always pay quite close attention to our Syracuse New York market, and make many decisions based on what we find. Also, listen to what other legitimate resources have to say. The National Association of Realtors: the Pollyanna's of the housing industry, are a great source and are quite trustworthy.
We'll spare the repetitive advice: but if you're looking to sell in the near future, look at your micro market.
Most people will only see news which shouts about record price gains across the country, but the most important question to answer is the age old question. What's going to happen next. The truth is that no one really knows for sure, but anyone can make an educated guess. Certain markets are far more different than others, and understanding your micro economy can give you an edge when deciding whether or not to put your home on the market, and at what price you should do that. We always pay quite close attention to our Syracuse New York market, and make many decisions based on what we find. Also, listen to what other legitimate resources have to say. The National Association of Realtors: the Pollyanna's of the housing industry, are a great source and are quite trustworthy.
We'll spare the repetitive advice: but if you're looking to sell in the near future, look at your micro market.
Many thanks to William M. Cross for providing this article. If you need to find Syracuse real estate, they're your best source in the area!
