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Pricing >Market Trends Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action. The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now. See All Tips In The "Pricing" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What was the longest distance a building has ever been moved? A  Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums. See More Real Estate Trivia >

THE MORTIMER TEAM Prudential Ronan Realty 367 Victoria Street East Alliston, ON L9R 1J7 705-435-4336 Fax: 705-435-3506 lauriemortimer@NUMBER1EXPERT.com www.HomesToMoveYou.com is brought to you by THE MORTIMER TEAM NUMBER1EXPERT™ in real estate for Barrie, New Tecumseth, Borden-Angus and Alliston, Ontario Read THE MORTIMER TEAM's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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