What home sellers want
Q. What are sellers asking for?
A. To sell, of course.
Q. Besides that, you nincompoop.
A. I'm not the nincompoop asking foolish questions.
Q. That's not an answer. You have to answer -- it's your raison d'être.
A. That's not a question. J'accuse.
Q. What did I do to deserve this?
A. Oh -- you know. And to answer your poorly worded earlier question, sellers are asking for less than they used to.
Q. Now we're getting somewhere. How much less?
A. Well, the median house on the market in the Baltimore metro area this month is priced at $296,000, according to HousingTracker.net. That's down 9 percent from a year ago, when the median asking price was about $325,000. And it's down 15 percent from July 2006, when the median asking price was almost $350,000.
Q. What's the median? And why should I care?
A. The median is the midpoint, which means half the asking prices are cheaper and half more expensive. And I have no idea why you should care, as you don't technically exist and are therefore not likely to qualify for a mortgage. ... Nowadays, at least.