Comments on: How to Sell Fast in Today’s Market http://blog.redfin.com/losangeles/2008/03/how_to_sell_fast_in_todays_market.html Redfin Los Angeles Sweet Digs Sat, 21 Nov 2009 15:18:58 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Cindy Allen http://blog.redfin.com/losangeles/2008/03/how_to_sell_fast_in_todays_market.html/comment-page-1#comment-9260 Cindy Allen Tue, 04 Mar 2008 17:56:24 +0000 http://blog.redfin.com/losangeles/2008/03/how_to_sell_fast_in_todays_market.html#comment-9260 Many pundits are saying prices will fall to pre-2003 levels, pricingformula, so I'm sure you're not far off. Many pundits are saying prices will fall to pre-2003 levels, pricingformula, so I’m sure you’re not far off.

]]> By: pricingformula http://blog.redfin.com/losangeles/2008/03/how_to_sell_fast_in_todays_market.html/comment-page-1#comment-9259 pricingformula Tue, 04 Mar 2008 17:45:06 +0000 http://blog.redfin.com/losangeles/2008/03/how_to_sell_fast_in_todays_market.html#comment-9259 What do you think of this formula: Take the price before 2003 when the bubble first started - a prior sale, etc. (I understand this will only work for homes that were built before 2003), and then add 4% appreciation per year to arrive at the price it is really worth today - and the price sellers should try to sell at. In general, homes are said to appreciate at 4% annually, so this is a very just price. What do you think of this formula:

Take the price before 2003 when the bubble first started – a prior sale, etc. (I understand this will only work for homes that were built before 2003), and then add 4% appreciation per year to arrive at the price it is really worth today – and the price sellers should try to sell at. In general, homes are said to appreciate at 4% annually, so this is a very just price.

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