In our current housing market, the demand for houses is outpacing the supply of houses available. This makes the initial pricing of homes extremely important. Many homeowners think that they can highball the value of their home to start, and lower the price later if they have to. However price reductions often result in properties remaining on the market longer, and ultimately selling for less than comparable homes. Check out the graphic below to see how pricing effects the visibility of your home to potential buyers.