Tag Archives: Sellers Test Waters with Higher Asking Prices

The latest industry reports are showing housing prices on the rise, and it has made more sellers want to raise their asking price, according to industry insiders. Shrinking inventories of for-sale homes with pent-up demand is allowing sellers to charge about 5 percent more than they could have just six months ago, Everett King, president of ERA King Real Estate in Birmingham, Ala., told USA Today. Real estate companies are reporting that sellers are having more luck with their higher asking prices, too. For example, in Tucson, Ariz., home sellers […]