Has the Housing Market Finally Found Its Footing?

The upward trend in home prices over the past three months doesn’t tell the whole story.


What does this forecast mean for consumers? According to experts, sellers shouldn't hold out for better times in the coming months. If your goal is to make a profit off the sale of your home, now is probably not the time to sell, says Daisy Kong, spokeswoman for Trulia, a real estate information website. But if you have to move, the key is price your home aggressively to attract what little demand there is in the market. "Make sure [your home is] priced to sell based on [comparable homes] from the local neighborhood. Maybe price it even a little lower," Kong says. "Don't focus so much on trying to make a profit as much as just trying to recoup costs."

Twitter: @mmhandley