re: Lowering then raising the price of your home

Your house is only worth what someone is willing to pay for it. If you can't sell it at the rock bottom price, you would be retarded to raise the price back up unless you just don't want to actually sell your house.

What is your plan? Are you trying to upsize in the same area? If so, sell your price for whatever you can get for it b/c by the time your house sells for the price you want, the bigger house you are getting will have increased at least that much. Also, interest rates could have risen by then also.