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The investment market is buyig amny up in lots from banks.New homes are most popualr now with buyers and leanders.Too mnay prov blems with repos i both time and court cases.
The investment market is buyig amny up in lots from banks.New homes are most popualr now with buyers and leanders.Too mnay prov blems with repos i both time and court cases.
Another home in Moorestown, NJ where we are interested just received an offer. Frankly, I perceive this local market to be over priced, and we're going to stay where we are. This spring/summer was our last ditch effort to move to this community, but at $235 to $250 per SF where a neighboring town with similar quality schools are going for $100 per SF, we are done. For instance, the same home just three months ago would have gone for $680K whereas now it is going for $730 to 750K. We can afford to move their, but no longer perceive the community a good investment and worth the premium.
Another home in Moorestown, NJ where we are interested just received an offer. Frankly, I perceive this local market to be over priced, and we're going to stay where we are.
+1
After we backed out of a contract for one house and lost few in bidding wars we are no longer looking to buy something overpriced big time. I am wondering why people are getting themselfs in second housing bubble with this high prices...
+1
After we backed out of a contract for one house and lost few in bidding wars we are no longer looking to buy something overpriced big time. I am wondering why people are getting themselfs in second housing bubble with this high prices...
Exactly. We can afford and would prefer a slight upgrade in community, but not when my there is now a huge price difference between the preferred community and the present community. Plus, our kids, though young, have their peer group and with the $150 to $250K premium on the new community, we could enjoy some the finer things in life if we just stay put and enjoy ourselves.
I deserve that. I wish there was no time limit on edits.
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