Homebuyer and Seller Mistakes

On NBC, Today's Real Estate looked at how homebuyers and sellers can best deal with the fact that more than 18 million homes are currently sitting on the market and home prices have fallen 20 percent in the past two years. One real estate agent discusses how homeowners should deal with the down market in renovating their homes and pricing them to sell, and she also talks about how long she's seeing homes stay on the market.

Video runs 1:36…

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