Neil Sweren's Interesting Points

As Mark Twain said… “Denial ain’t just a river in Egypt!”

A recent study by home site Zillow found that homeowners who purchased homes in 2007 or later are on average overpricing their homes by 14%.    Those would be sellers are basing the asking price on what they paid rather than current market.  Other sellers are also overpricing homes but not by as wide a margin.   Read the press release HERE (will open new window).

Filed under: Mortgage, Real Estate |