News you can use as a FSBO seller!
Home sales and prices increased in the latest reports although markets still vary widely.  So how do you decide if now is the time to sell your home?

First the data:

Pending home sales rose 6.4% in August, it's highest level since March 2008 based on date from NAR (
read the full article here..)  and the market has been rising for seven month in a row (according to MarketWatch)

One factor in this rise seems to be the $8,000 tax credit for new buyers, due to expire in November 30th.  This approaching deadline could be driving buyers to act.  There has been a heavy push by the real estate lobby to extend the tax credit, but with no bill yet settled buyers may have been rushing to get the credit while it lasts.

The other fundamental factor is low cost, due to lower overall home prices and historically low mortgage rates.   While rates are fairly consistent nationwide, prices have continued to vary based on local market conditions, housing supply and economic activity.  To check on your local market trends download the full report here...

Opinions about what will happen to prices are all over the board, but opinions don't sell a home.  Knowing your market does.  Here are 5 concrete steps you can take to use data and research to help you sell your home.
  1. Read up about your local market.  Case-Shiller and Zillow  both put out reports about housing market trends.  You can assume buyers will have been looking at the data,  know what they say and have a response as to why your home fits with these trends or stands out.  But don't be caught by surprise.
  2. Determine if your neighborhood is in line with metro and state trends.  Often news stories and data cover wide areas, but real estate is local, know how your neighborhood varies and be able to explain it's features.
  3. Take the time to ask buyer about their future plans. If you find someone happy to live in your neighborhood for 10 years because of good schools that will put short term price changes in a very different context
  4. Estimate what rental income for your house would be and how that compares to the cost of buying it as an investment.  Not every area is open to investment income, but for some buyers even the thought that they are not trapped by a mortgage and can recoup a substantial portion by renting the property will lower their fears and help your home sale.
  5. Remember a house is a home to be lived in.  Despite everything, people still want to live in the home of their dreams and most will find a way to pay for that.  Your number one job as a home seller is to help buyers see what their lives would feel like in your house.  This is easier than it sounds, simply ask them what they want and hope for then take the time to step back and listen.  Don't tell them about your kids growing up, or your additions or remodeling, instead listen to their dreams and ideas for what your house could be.  Dreams always trump data.
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Not sure, jfh, 8-8 is achieved with wins over SF, DET, CHI, SEA; a loss to any, I think MM is gone whheetr he wins against DAL, BAL, PIT, ARI, or not. Id bet if he wins out against the first four and any one of the last, TT gives him one more year. Less than 8-8 he is gone regardless. TT will not be fired, in any case, so put it down next to my initials. (Larry, Punk, or LarryTex, take your pick).As far as the draft is concerned, the best RB is Best (haha), but he might fall below 20th pick. (4) OTs projected in top 20 so we could go there, only Williams cant play LT. Campbell might slide to 13-20 but 2009 has been horrible to him re nagging injuries. You cant trade up for an OT next year; theres no Mandarich available.Who knows what OTs are available out there in FA over the winter, but Im not convinced thats our biggest need. I know it looks that way, especially when Grant and Green seem to be able to put a good one out there once in a while, but I think RB is a bigger need and my scouts would be concentrating there, from Iowa A&I Teachers College to USC. Remember, not knowing Raji would be available, I wanted Malcolm Jenkins last year. Whats he done he doesnt even start, (8) tackles and played in (6) games for NO, so dont ask me to run a team.Report this commentReplyDevil's Advocate says:November 12, 2009 at 12:24 pmId like to see someone from the offensive line garuntee a victory. Time to put the blahs behind, step up and show some personality. Give Dallas some bulletin board matertial, let them bring their A game. Its time for the Pack to stand toe to toe and slug it out!!!!! Lets just see what they really have might be good for them to know alsoReport this commentReplyPack4life says:November 12, 2009 at 12:31 pmNow all of the Sudden TJ Lang can play RT and Brad Jones is good enough to start.TJ Lang after 10 weeks is better than Geno, Babre?? No he was better all along but MM nor Campen couldnt see it. Now Brad Jones has leaped Poppinga again very strange timing. I will give Capers that Brad Jones was hurt in training camp. The timing shows that MM feels the heat. Lose to the Bucs and presto new players and new positions. Either this will be a rousing success or colossal failure. My guess is the panic button has been pressed.Report this commentReplyDevil's Advocate says:November 12, 2009 at 12:37 pmIts time for the players to put something on the line, besides their coaches jobs!!!! Tell the media that they are going to kick Dallas pussy ass!!!!! Tell the players across from them on game day that they are going to kick his pussy ass!!!!!! If they can win the game, theyll know how hard they will need to play every week to get where they wanna be. Theyll know how much heart and soul its going to take also, and I for one would like to see a little bit of that from them.. and them having fun playing the game would be nice to see also!!!!!Report this commentReplyLarryTex says:November 12, 2009 at 12:47 pmDA, forget the coaches jobs, I think that picture is a given. Now, if not for the coaches, the players better start playing for theyre own jobs. I suspect a big house cleaning this winter and we will not be a young team next year. Yeah, jfh, put my initials on that one too.Report this commentReplyGary M says:November 12, 2009 at 1:09 pmFrom Jason Whitlock article on 11/13
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