HOMESELLERS – Some sellers may need to be convinced that the price they want for their home is not the price they’re going to get.
A survey finds that many homeowners are an optimistic lot with a glass half full. While most homes have decreased in value nationwide, 77 percent of owners believe their own home has either held its own or increased in value.
VACANT HOMES – Many local governments are taking action – including filing lawsuits and developing land banks to buy distressed properties – to cut the number of houses left vacant when the mortgage can’t be paid. At stake are valuable tax dollars and the survival of neighborhoods.