Who do you believe? One news report says we will continue a 20% decline thru mid 2010. The next one says we are nearing the bottom. Obviously, anyone in real estate likes the sound of the later but is it realistic? I am an optimist but realistically I feel we will decine further. Agents, use this to your advantage by pricing your listings correctly. We are doing our clients a huge financial favor by being brutally honest, pricing it correctly and selling it, instead of the client talking you into a higher price and coming down later. The way it looks, time is not on your sellers side. It is worth more today than it will be in 6 months. What do you think?
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