Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, September 25, 2007

More About Real Estate...

More grim news in the real estate market. Sales of existing homes have fallen, yet, again. I could have told them THAT. Our house has been on the market for a couple of months, and, boy, is it slow. I've been faithfully watching HGTV's "Sell My House," looking for tips that will bring in a buyer. I don't think any amount of staging or fixing up will do the trick in this market. Things just need to settle down. I've actually been considering burying one of those statues in my yard. New homes are taking more of a hit, though, and the homebuilders are crying the blues. Markets actually tipped up today. DJIA +19.59 NASDAQ +15.50 S&P 500 -0.52