Quote:
Originally Posted by kentucky blue
Unfortunately, your list does not include the MLS premier listings or the 28 high priced Lake Shore Cottages still left ,that have all been reduced in price. What happened to all the buyers?The IRS situation needs to be settled.....................yesterday!!!!!!
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I have been watching the Premiers and a number have been sold. Perhaps people in the market for a Premier may also like to build their own. I also know that in any real estate market the more expensive homes have fewer buyers. I also feel that the people who still have Premiers on the market are asking more than the market will bear and much more than they payed for them. Also some were purchased during the "boom" in real estate that drove prices up all across the U.S.
Senior people, even those with money, are usually pretty savvy shoppers, in my humble opinion and they won't pay more for a home than it is worth or more than a decent rise in price figuring in improvements and inflation, which in this case is not happening.