Quote:
Originally Posted by Snowbirdtobe
It looks to me that home asking prices are continuing to decline.
I just saw a sale that Zillow reported was 17% below Zillow price estimates from 2 years ago.
I don’t think the bottom has been reached yet. I continue to receive emails from brokers dropping the asking price by 15k on various properties.
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We just bought a new build. The resales are still Covid inflated. We found a 7-year-old house with no upgrades at $246 per sq ft. A comparable new build with warranties was $222 per sq ft. Both properties will require about 10K after purchased so it was a no brainer for us!