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Old 03-23-2011, 08:10 AM
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Bill-n-Brillo Bill-n-Brillo is offline
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Location: Granville, OH.....and TV snowflakes!
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Purchase price of new homes (directly from TV) are fixed - no deals, end of story. Resale pricing can be all over the map. Many start out over-priced versus the TV market and can remain on the market for a long time. That will happen a lot with FSBOs - too much emotion involved on the part of the seller. In other cases, owner equity/debt versus current market price forces people to try to get higher prices. On all the above, you'll many times see sales price versus asking price to be a fair amount less. Short-sales and foreclosures do exist in TV but the proportion isn't nearly what it is in other parts of the country - or in other parts of FL.

If something's priced reasonably according to the marketplace in TV, it'll sell in fairly short order.

Bill