Many Scottsdale Sellers Overpricing Their Homes

It is common in Scottsdale AZ and elsewhere in the country for home owners who bought their homes in 2007 or later to over price their homes when trying to sell it. Those sellers often think they missed the worst of the Scottsdale real estate crash. They often think they can sell for an amount similar to what they paid for it. That is simply not the case in the majority of situations.

“Post-bubble buyers seem to believe they escaped the worst of the housing recession, as evidenced by how they price their homes today,” says Stan Humphries, Zillow’s chief economist. “But 2006 was just the beginning of the housing recession, and it is continuing in earnest to this day. That means that even people who bought after the bubble burst need to break out the pencil and paper and do serious research into what has happened in their market since they first bought their home, whether it was four years ago or six months ago.”If you would like a complimentary analysis of any home on the market please give me a call. I can research the recent sales comparables and let you know what a Scottsdale home for sale is really worth. We specialize in representing Scottsdale home buyers. It is our job to get you the very best possible price on your next Scottsdale real estate purchase.

 

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TopScottsdaleHomes.com