A short time ago you might have read a post here about trying to time the market and sell at a high price to make a quick buck.

Well, someone, Jeffrey Otteau, to be exact has mad a science out of this.  Or at least tracking how home sell.  Apparently he tracked/studied 4,500 homes in New Jersey and wanted to see how they faired on the market. 

He looked at homes that sold in less than a month and concluded that they had a median price of $599,900 and sold for virutally that price...$599,000.  Then he looked at homes that sold after more than a month on the market.  These homes had a asking price of $634,900 to start, but once sold actually sold for $585,000.

Pretty interesting isn't it?