Nationwide sales of previously occupied homes rose by 2.4 % from April to May ... the third monthly increase this year.  Owners of homes currently on the market see more buyers visiting their homes. There is lots of activity and to take advantage of this "buyer's market"  it may still be necessary to adjust the asking price to be in line with area competition.   "Comps" ... as we like to call them, are changing rapidly.  Do you know how many distressed properties are for sale in your neighborhood ? Does the appraiser take into consideration the distressed properties  that have already been sold by the banks at reduced prices ?  How much weight do they carry in the appraisal process ?  The appraisal is key for any financed purchase, and frequently, cash buyers are asking for appraisals to protect their investments. Be sure to have your local Realtor® review the comparable sales for your area, as they occur, giving you the knowledge needed to maintain competitive pricing. Realtors® have timely access to the sales data via the MLS and public records.  Buyers will be more likely to make an offer  if the pricing is in line with the sales in the neighborhood and/or in your area.  If you are planning to sell, call me and I will evaluate the market in your area ... 727-692-8685