Yes, interest rates are at their highest level since 2009 but demand remains strong even as low inventory keeps real estate a seller’s market.
While some sellers simply tack on a few dollars to their home’s value, others are pricing their home at slightly below market value. This strategy should attract many interested buyers and, hopefully for the seller, set off a bidding war.
But experts explain that it is a gamble and sellers should never price their home below what they are willing to accept as an offer.
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