Finally home prices are settling down and the overheated housing market is cooling. Last few years selling house has been easy, put an ad in the newspaper or conduct an open house and you will get multiple offers in weeks.

If you are in a hot market and/or you have priced your house correctly, buyers may get into a bidding war and the seller may get more than the asking price. Last summer my friend bid for a house in Middlesex County, NJ and there were 15 people in the queue at 9am before the first open house. Buyer got 8 offers in the very first week and all the buyers or buyer