Expert Gary Hall of Modesto, California, reports that the real estate market in and around Modesto is beginning to settle into a more normal market.

The prices of homes are still being reduced, but at a more normal pace. It is a buyers market because of the increase in homes for sale.

There are more buyers in the last 30 days taking advantage of the interest rates and low prices than in previous months.

Sellers are willing to pay some closing costs for buyers. It is taking 30 to 60 days to sell your home today. To sell your home in today's market it needs to be the cheapest and most attractive in your neighborhood.

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Published: January 2, 2008

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