But oh so slowly. This house on Burning Tree started off asking $3.7 in January, 2008 and as of today is priced at $2.7 million. Assessment is $1.8. We have a lot of sellers who have clung to unrealistic prices in the mistaken belief that prices will improve. They haven’t, and I don’ think they will for a while yet – maybe next year?
My advice is, if you have or want to sell your house, get real.