I can speak from personal experience. My family has had a house for sale for more than two years now, and it is impossible to get a buyer interested in buying the home. It is rare that one will visit the home. Even considering that it is a quality house in a great neighborhood, there has not been interest. It does not help that there are around twenty houses for sale in the same price range in the same neighborhood! I feel as if no one has the answer in the real estate business right now and that it will stay that way for a while.
Anyone who can positively impact the real estate market will help a myriad of sellers. All I want is for my parents' house to sell. But it's nice to know that the CBS News article can give such great advice as to "think like a buyer" and "set the right price." This advice is so comforting considering everyone knows that already! That information is common sense, isn't it?
