Read how pricing may be one of the reasons your house hasn’t sold yet.
Are you frustrated because your house has been sitting on the market without attracting any offers? You’re not alone. In today’s market, with rising mortgage rates making buyers more budget-conscious, it’s crucial to ensure your asking price is realistic.
The Wall Street Journal confirms: “Buyers are much more price sensitive than they were a year ago” due to higher interest rates straining their budgets. While your home holds sentimental value, the reality is it will only sell for what the market is willing to pay.
“Buyers are much more price sensitive than they were a year ago.”
If your house hasn’t sold yet, consider revisiting your asking price. Objectively assess its current market value and adjust accordingly. Remember, a realistic price attracts more interest and increases the chances of a successful sale.
Don’t be discouraged if your house hasn’t sold yet. Contact me today at 1-800-722-2585, and together, let’s work to develop a strategic pricing plan that gets your house sold and moves you forward.
