The 'Fast Action Home Sale'

One year ago, it took about six weeks to sell a house. Today, it takes at least nine weeks. That's because credit is tighter, there are more houses on the market, and sellers like Kyle and Elissa Mostransky are still trying to hold out for their price. The Mostranskys bought their home about a year ago, when the housing market was near its peak, for $422,500. They then spent about $50,000 to renovate it. Not long after moving in, they decided to buy a bigger house but didn't want to be...Full Story
Commenting on this article is closed.