Re: Real Estate Prices with excess supply
TV sells the most inventory in Jan/Feb/March, so there is a busy time coming up!!
I agree many of the resales are overpriced and they will probably be taken off the market when the time comes to relist as the sellers aren't prepared to be realistic. There are many resales which are priced to sell, some with bonds paid, and they do.
These factors may just lead to a significant decrease in inventory, which equals stable prices.
Also, when comparing resales to new, many people neglect to add the bond to the purchase price to get a true price. We bought a resale with bond paid. Just be sure you're comparing apples to apples.
Good luck!
__________________
Barefoot At Last
No act of kindness, no matter how small, is ever wasted.
Saving one dog will not change the world, but surely for that one dog, the world will change forever.
|