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Real Estate
Reply to "Has the market cooled down drastically?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] So you are really pretty far out where the housing stock is all thrown up new build that is not very frequently on the higher-end. The lack of density of high-end houses like yours probably means that it will sit and you will need to price it aggressively next time.[/quote] The problem we have is that most homes here are about 30yrs old, and other than a few homes that have been upgraded, many are available for 100K less. Ours is a new community smack in the middle of old homes..Obviously, we cannot sell a new home for the same price as a 30yr old home. [/quote] The #2 Rule of Real Estate (after the #1 Rule of Location, Location, Location) is "Don't buy the most expensive home in your neighborhood." Sounds like you have a combination of factors that are causing the problem here. [/quote] I really really wish someone had advised us on the#2 rule..[/quote]
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