Top ten sellers' markets; we made the list ya'll

Top Sellers' Markets
1. Raleigh, NC
2. San Francisco, CA
3. Austin, TX
4. San Antonio, TX
5. St. Louis, MO
6. Houston, TX
7. Portland, OR
8. Dallas, TX
9. Denver, CO
10. Baltimore, MD

This came from Yahoo Real Estate which sited Business Week 1/6/2009

I've heard from many clients; "If only I would have sold last year..." Yes the market is a bit softer, but on the other hand... it is also a bit of a perfect storm, if you will. Let me explain.

If you're looking to upgrade homes, perhaps you'll have to sell for a little less then you would have last year but look at the trade offs from last year

1. Builder's incentives are amazing. Builders are dropping their prices as much as 20% in some cases. So you lower your price 5 %, but get a much better deal on the other side. I have seen $500,000 inventory homes drop $120,000. These builders need to liquidate their inventory.

2. Interest rates are incredibly low, even lower then a few years back when everyone was refinancing. What you give up in sales price on your house, you could easily make up in an incredible interest rate.

3. More homes on the market to choose from, especially foreclosures and sellers needing to sell quick.

Most realtors, including yours truly, will cut their commission on the sale of your home if you are buying another home from them.

Just some things to consider....