Real Estate Tip:
Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.
Real Estate News:
Some of the nation's largest retailers are taking a harder line when it comes to deciding whether to preserve or permanently shut struggling outposts, a shift that has resulted in a number of high-profile closings as some brands appear no longer willing to stick it out in challenging locations.