HOUSE-HUNTING TIP: The only way to know for sure the current market value of a home is to put it on the market and sell it. However, this isn't realistic if you're trying to determine whether or not now is a good time to sell. You need to research your local market to gauge the approximate selling price of your home at any given time. A good, reputable real estate agent who knows your neighborhood well can assist you by preparing a current market analysis (CMA) of your home. This will give you a snapshot of recent sales in your area. Make sure it includes the most recent sales, listings that have sold but not yet closed, and active listings. THE CLOSING: Don't make a decision on whether or not to buy or sell based on a news headline. Read the entire article. Then research your local market.
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