Should slowing market worry recent home buyers?

Steps to ensure a sellable home in any kind of market

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Homeowners who bought recently may find the recent press about the residential home-sale market unsettling. Home sale activity is slowing from a fever pitch pace and listings in general are taking longer to sell. Your best plan of action is to concentrate on a course that will ensure that regardless of whether the market goes up or down, you'll be happy at home and in good shape when it comes time to sell. Although no one knows for sure where the real estate market of 2006 is heading, most analysts agree that the rate of home price appreciation will diminish from the double-digit rate of the past couple of years. In 2005, home prices increased nationally by 13.6 percent, according to the National Association of Realtors (NAR). David Lereah, NAR's chief economist, predicts that the national median home price will increase by 5.8 percent in 2006. The median price is the price that is midway between the least expensive and most expensive home sold during a given period of time.  Whi...