Don't let the asking price be your guideSouce: CNNmoney.com
To gauge local conditions, you want to know how many houses are for sale and how long the average house has been sitting on the market today vs. a year ago.
Take your time
Although sellers still have the upper hand in some markets, in most, time is on your side.
Ask for goodies
Sellers who won't budge on the asking price may be willing to make other concessions. This is especially true when you're buying from homebuilding companies, which need to keep prices stable to avoid angering recent purchasers.
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