You find the home of your dreams, and you are thrilled. It has the secluded backyard, the master suite, and the massive walk-in closet you have been dreaming about. The only problem is that the home of your dreams is simply priced too high. After a talk with your realtor and a close look at the comparable sales in the area, you know that the jacksonville florida real estate is simply overpriced for the market. What do you do? Sit back and wait.

Chances are an overpriced home will simply remain on the market. Once a home has sat for a few months, you will likely see a price reduction. That may be the time to pounce, as the home sellers at that point are aware that their home is priced too high for the market. However, waiting it out could backfire on…

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