Top 10 Must-Know Real Estate Trends for 2010

Signs of improvement make 2010 a promising year, but more challenges are yet to come

By Shannon Petrie, FrontDoor.com | Published: 11/20/2009

In 2010, staging and pricing competitively will still be a priority for home sellers.

In 2010, staging and pricing competitively will still be a priority for home sellers.

#1: Still a Buyer's Market

For homebuyers, 2010 will likely be another year of low prices and a large inventory of homes on the market. Conversely, for home sellers, 2010 will be another year of low sales prices and fierce competition from other sellers. Plus, if a wave of new foreclosures hits the market next year, sellers will still have plenty of competition from bank-owned properties at bare-bones prices.

Fortunately, home sellers have many strategies at their disposal to stand out from the crowd. Today's homebuyers are looking for move-in ready homes, and many foreclosed homes are not in the best shape when they hit the market. Preparing your home for sale -- which can include cleaning, making repairs, making upgrades and staging -- can help your home stand out from the foreclosure down the street and get you a higher sales price.

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