Dustin and Rebecca Snook believe they could have listed their North Las Vegas home for more, but considering softening conditions, were prepared to compromise. The decision appears to be paying off.After about only a month on the market, Dustin Snook said they received a full offer on their approximately 2,500-square-foot home, listed at $475,000. “We thought we should probably go for $75,000 more, but we bargained out what could be accomplished with the listing price. We had to go with a price that was reasonable for the time,” said Snook, 34, who is self-employed.

While 2006 is the “Year of the Dog” according to the Chinese Zodiac, it may be remembered as the “Year of the Buyer” for the real estate industry.

Experts have predicted housing would slow this year to no one’s surprise. The torrid pace of home sales and double-digit price growth couldn’t possibly go on forever, housing economists have said. But then, most have been saying that every year for the last few years and have been proven wrong.

Source: Inman News