Chasing The Real Estate Market Downward  - Why your house is not selling

Often times homeowners fall into a common rut while trying to sell their homes — they overlook market trends, which can sabotage results. Two closings this past week
illustrate what not to do.

A property in the hamlet of Shinnecock Hills, 14 Charla Dr, closed Feb. 14. This 1,760-
square-foot ranch with three bedrooms and one bath on .60 acre with room for a pool
was listed on the market for 889 days.

First listed Sept. 10, 2008 on StreetEasy.com for $775,000, the price was reduced six times by increments of 10 percent, 3 percent, 4 percent, 4 percent, 5 percent and then
12 percent on September 22, 2010 to $525,000. After the final ......