Quote:
Originally Posted by Tron_fdc
Had a realtor tell me inventory is low right now, and prices are climbing. Tried to convince me to list my rental at a price 20k higher than what I was thinking 3 months ago.
Silly realtor. I just looked at my rental. It's trashed.
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To be fair, he's right . . . from a
certain point of view. (Insert ghost Jedi joke here.)
Inventory is "low" because it's February versus say the summer. It's still higher than last year.
Prices have also been climbing since they announced the reduction in the amortization period - but that ends in 2.5 weeks. What happens then will be of greater interest.