Nov
23

Need to Sell Your Home? Visualize It.

November 23, 2010

Anyone ever hear of the Secret?

It’s that idea that if you visualize something happening, it will happen.

Some people swear by it. Successful people. I personally haven’t grasped the concept yet.

A home for sale sign with the word SOLD over it.It would seem like the housing experts used it last month: After forecasting that the annual rate of existing-home sales in October would be 4.42 million, the number released today showed 4.43 million. Pretty darn close.

The National Association of Realtors said sales of existing homes in October, which include single-family homes, town homes, condominiums and co-ops, fell 2.2 percent from 4.53 in September.

“The housing market is experiencing an uneven recovery, and a temporary foreclosure stoppage in some states is likely to have held back a number of completed sales,” said Lawrence Yun, NAR chief economist. “Still, sales activity is clearly off the bottom and is attempting to settle into normal sustainable levels.”

Bright side: The Midwest only saw a 1.1 percent loss; the best of the four regions in the country. And, first-time buyers bought 32 percent of homes in October, which is the same rate seen in September, so no decline there.

So, does that mean I think if everyone visualized home sales increasing through the roof it would happen? Of course not. But it can’t hurt to think positive.

“Based on current and improving job market conditions, and from attractive affordability conditions,” said Yun, “sales should steadily improve to healthier levels of above 5 million by spring of next year.”

That’s how you do it.

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Tracey

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