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Tom's advice about staying ahead of the market is absolutely right. I sold and bought in the same area last oct., just when the market started to cool down. Wanting to sell as soon as possible, we priced at a very reasonable amount to attract attention. We ended up with two buyers bidding up past our asking price. I realize that is a lot harder to do now, but if sellers REALLY want to sell, get ahead of the downturn, even if it hurts. Your house just is not worth what it was when you first decided to sell. I see houses for sale that I looked at a year ago. I sold in less than 3 weeks at the same time these houses were listed. If they had been more realistic, they would have moved already.
BTW, to believe that the market is down because the "cons" are in office is one of the silliest things to pop up here in a long time. The market was on fire while those rascally "cons" were in office. Silly liberals. Grow up.
Doesnt matter whos in office Joe.
Why so hypersensitive? Its just market annxiety pal.
Dont worry ...itll all be over soon and you guys can hug it out on Savage.
I agree with TristansMommy on what buyers are looking for. We're looking in the Northport area and trying to find something at the top of our price range that we can move right into and be happy with or that is at the bottom of our price rage, has great potential, and is worth putting 100K or so of work into. What we're mostly finding in our price range, unfortunately, needs a reasonable amount of work(but not enough to be considered a handyman special), but is still at the upper portion of our price range. We may just need to adjust our expectations, but then again, some of these houses have been on the market for eight months.
There are so many houses out there, and I am amazed how bad some of the mls listings are. No pictures, blurry pictures, poor descriptions - with so many houses on the market, buyers will just skip a bad listing and move on to the next, or at least I will. We are selling a houses in New England, and I have told our realtor that I need to personally approve every picture and word that goes out online - I can't understand why more sellers are not on top of this.
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