Biggest Threat To Real Estate In 2017, The Real Cost Of Overpricing Property, Homebuilding Trend

 

Biggest Threat To Real Estate In 2017

Real Estate Expert & Best-Selling Author, Gerald Lucas reveals the biggest threat to real estate in 2017 in this installment of Ask Gerald A Real Estate Question

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position.  The longer a property stays on the market, the less it will sell for.  The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate Insight:

Homebuilder sentiment spiked 7 points in December 2016