Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Carol-Anne Schneider
Realty Executives Plus Ltd., Brokerage
4310 SHERWOODTOWNE BLVD
Mississauga, ON L4Z 4C4
905-278-1900
Fax: 905-450-8796
CarolAnn@carolanneschneider.com

Carol-Anne has been a resident of the Brampton area since 1968. She prides herself on her knowledge and commitment to her community. Since joining the Award Winning Team of Realty Executives in 1994, Carol-Anne has excelled in her profession enjoying outstanding achievements, including consecutive yearly membership in the 100% Club and the prestigious Top 10% Executive Club with Realty Executives International since 1997. Most recently, Carol-Anne also received the Realty Executives International Chairman’s Award for 2002and again in 2009.

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