Quote:
Originally Posted by Normal
Respectfully, it’s quite true with numerous sales.
1055 Winsboro purchased November 22 for 423,000 sold last month for 379,000 that’s a 44 k loss without paying realtor fees.
661 Sherwood purchased in May of 2022 345,000 sold for 340,000 in Feb of 2024
There are several that have lost money. Just look on the Zillow realtor website. Click on the Facts Features tab to get all the info.
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Two examples is hardly "numerous"...
And checking your examples, those were both resales, which jives with my previous post...
And one of them appears to have been purchased by an investor, since it immediately went up for rent after the purchase...