Last week I placed my home back on the market. Housing prices have gone up significantly since I purchased the house. I'd like to claim that was good investment planning on my part, but I can't do that....it was just dumb luck. Just so happened when I was ready to buy, prices were low, just off the bottom following housing crash and with the passing of my partner/spouse this spring, I am ready to sell and move on.
So after doing some research, I placed the house on the market last week at almost exactly a 50% increase of what was paid. Had an open house and the realtor just called informing me 2 offers have been made this morning, both slightly below asking but pretty close.
My first reaction is that maybe I priced too low. But then again, I am ready to move on and would rather not have a long drawn out process, so if I get the price I wanted, I am happy. Still a long way from that though. We will see what happens.
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