Steps You Can Take to Boost Your Home's Value

In a buyers’ market, details count.

By SHARE

Complicating the difficulty in selling homes is the glut of foreclosed housing that remains on the market. Until that excess supply is removed, sellers will remain at a steep disadvantage.

"It's going to take us two, two-and-a-half years to work through this excess supply, and the banks need to finish foreclosing," Staiger says. "It doesn't allow the market to clear."