Question: With so many houses on the market today where do you see the Real Estate prices for the present and future? Do you have any suggestions to protect the seller?

Answer: My suggestion is that if you are going to sell your home act quickly! The market of 2007 is almost over, 2008 prices are going to drop worse than this year. We are not out of the Real Estate down cycle yet, this trend started tail end of 2004 and has only picked up steam last year and this year, again next year should be the worst of it. 2009 should start to turn up slowly and as we approach 2010 homeowners should start to enjoy the good times again. The best protection for anyone wishing to sell and receive the highest and best price best is to price your home to the anticipated down turn of 2008; stage the property, the home should have curb appeal and cleanliness. Do not be fooled by thinking you can over price and get away with it, it won’t happen.