4 Things Every Seller Needs to Know

Reuters: U.S. New Home Sales Rise Sharply in October
Sales of newly built U.S. single-family homes in October rose more than expected to their highest level in a year, data showed on Wednesday, pointing to a stabilizing housing market after a three-year slump. The Commerce Department said sales jumped 6.2 percent to a 430,000 annual pace, the highest since September ...

5 Tips to Buying a Home on Deadline and How the Tax Credit Extension Can Help
House shopping usually slows down in the winter, as people put their home searches on hold to trim the tree, buy presents to put under it and avoid the chilly weather. This winter, however, might be different, thanks to the extended—and expanded—first-time home-buyer tax credit. “We’re going to see far more ...

More Than 1 in 4 Homes For Sale in Price Reduction Report Have Seen Reduction
Trulia, Inc. has announced that 25.6% of homes currently on the market in the United States as of November 1, 2009 have experienced at least one price cut during the past 12 months. More than 40% of the top 50 major metros across the U.S. are experiencing price reduction levels ...

Reuters: Existing Home Sales Seen at Highest Since July 2007
Sales of existing U.S. homes likely rose for second consecutive month in October, reaching their highest level since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit. The survey of 29 economists predicted sales of previously owned ...

Homeowners Slashed Listing Prices $24,718 on Average in October 2009
More than four out of every 10 homes listed for sale (43.5%), across 27 major U.S. housing markets reduced their listing prices in October 2009, according to a report of homes listed on Multiple Listing Services (MLS) in the markets surveyed by ZipRealty. This is down slightly from September. According to the ...