Tuesday 13 April 2010

More sellers than buyers

So said some online news report I read earlier today.

Well, it's hardly surprising.

Sellers are expecting to make as much, if not more on a house they bought when house prices were at their peak.

These people need a wake-up call. Either knock 20 grand off your asking price, or take your house off the market for a couple of years. You're not going to get what you want for it.

If you want to keep it on the market, expect people like me to put in offers that are at least 10% under your asking price.