Quote:
Originally Posted by jsotherj
Some buying going on, but definitely a downswing. Prices are going down a little. We are in an area that was just listed as the best place to buy a second home in the west, by Parade Magazine. Hopefully this will help us sell Jeff's dads old house he bought for $13,500 in 1970 now selling for $287k, and this is one of the best deals in our little area. Very little for sale under that price, and if it is under that it will be a major fixer upper  . A good time to buy if your in the market. |
A year ago, if something was under 300k, it would sell in a day with multiple offers. Hopefully the article will send buyers your way. $287k and an ocean view? I may have to take a drive down myself
Quote:
Originally Posted by playabum17
If you'll recall my parents house was on the market for 2 years and that's not uncommon in this area. What I do find interesting is how much it varies. Other houses sell within days of being on the market. I know 3 off the top of my head and they really vary on size, location and price. While my parents house and others in the area are on the market for quite some time. My parents did drop the price a couple times and it is in a good area so I'm not sure what the deal was.
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I remember your parent's house taking forever. Here we are pretty much seeing homes sit for months across the board. Although there are still a couple of "hot areas" that sell within a few days of going on the market. It is such a great time to be a buyer that I'm surprised that there aren't more out there. They can pretty much call the shots right now.