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Real Estate
Reply to "Has the market cooled down drastically?"
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[quote=Anonymous][quote=Anonymous] A few points: 1. Yup, you could just be at a price point where houses just sit for awhile. Your realtor should be able to tell you how long houses at your price point sit. 2. You're using as comps houses that aren't selling. If you want to sell your place then you need to compare your place to stuff that have been sold at the sold price. 3. It makes sense that you're valuing backing to trees at $0. But you're valuing the upgrades at 100% what you paid. That doesn't seem competitive. Then again, on the whole valuing your upgrades at 64% what you paid might be fair.[/quote] Yes, the 2 older homes in nearby neighborhoods haven't sold..but the newer one on our street based on which we priced ours has already sold and new owners have moved in..I think we'll just see for a few more weeks and if nothing happens relist in Feb..hopefully the market will pickup again..[/quote]
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