Quote:
Originally Posted by margaretmattson
It is getting more obvious that preowned homes are taking a hit. Many will say they were overpriced to begin with, but owners paid TOO MUCH after Covid. Now, they must take a loss. A reminder for all to be careful when purchasing.
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Yes, the Covid boom drastically inflated prices. And those selling after only a few years are taking a hit.
But there are plenty of preowned homes (purchased befor said boom) that are realistically priced...