How to Maximize Home Equity in a Slipping Market

The latest report on third-quarter home prices, released Tuesday by the National Association of Realtors, showed continued strength. But increasingly there are signs that prices have plateaued.   So is now the time to reap the benefits of your home investment?

While home price increases are sure to slow, for most homeowners there is still ample opportunity to maximize their real estate investment.  Homesellers need to adapt to a more competitive market by taking advantage of the newer programs available to them.  For Sale By Owner ( FSBO ) web sites, especially those that offer MLS ( Multiple Listing Service ) placement, are very effective for marketing your home.  They also cost from 45-90% less than traditional brokerage.

With these savings it is easy to see that even if prices move slightly downward, homesellers can still retain their home’s maximum value.