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Some tips for sellers in the declining Detroit housing market.

Now what is the flip side of the equation – most sellers are having a hard time selling homes because they are pricing their homes correctly – they are dropping prices but that does not help most buyers in the real world – a better strategy would be to give aggressive seller concessions / down payment assistance to make the house “best on the block” without wasting any money on renovations thinking a new kitchen (that adds another couple of thousand dollars to your cost of the house) will move the house faster.

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Read more from this blogger: Homes Prices Decline in Metro Detroit