6 Smartest Moves for First-Time Home Buyers

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Cruise rental ads, for instance, or bookmark new listings that look overpriced and revisit them in a month, says Brendon DeSimone, author of Next Generation Real Estate: New Rules for Smarter Home Buying & Faster Selling. Unsold homes usually drop in price after about six weeks; until then, “some sellers will take much less, but they won’t formally reduce the price,” he says.