Selling A Home 2011: Four Things To Know

walletpop.com:

Past is prologue, they say. And that's certainly true when looking forward to what the housing market will hold for home sellers next year. WalletPop's predictions for sellers in 2011 are:

1. More Distressed Homes Come on Market, but 'Regular' Deals Have Cachet

The number of homes repossessed by banks dropped off pretty dramatically at the end of 2010, partly because of the robo-signing foreclosure freezes, and partly because the average time between initial mortgage default and foreclosure has stretched out to as long as 16 months in some states, 22 months in others.

Read the whole story: walletpop.com

Comments

[sophiemaki]

06:47 PM on 01/03/2011

the one thing i know.is that you (me) are going to take a loss! (if we sell)

[comicpro]

04:18 PM on 01/03/2011

Before you sell your house make sure the supposed bank or entity that is holding the title actually has it and it can be legally transferred!!!!

[Rick Eriksen]

02:40 PM on 01/03/2011

You are some pretty funny guys, sell a house in 2011...that is hilarious…really you guys are a hoot…

[yogajan]

10:26 PM on 01/03/2011

If you don't have to sell, then don't. But there are plenty of people who need to sell for estate and divorce settlement, job relocation and for some financial reasons. I have a friend that needs to get out of her house what she can, to help pay for a nursing home. She is having trouble understanding that the value is $300,000 less than it was four years ago. Those of us who live in So California realize how over-inflated the value of our property was.

[RogerMurtaugh]

01:15 PM on 01/03/2011

Well the first thing that you need to know is that you are out of your damn mind. I'm not sure what the other three could possibly be.

[proudem]

05:51 PM on 01/03/2011

I don't know if you are right or not...but you made me laugh. Thanks.