Quote:
Originally Posted by Ahuch
The price differentials are insane on Condo listings right now... I'm always amazed some realtors are willing to take on a listing when they're priced so much higher than other units (even in the same building) and nothing is moving because of how underwater they are on their mortgage and can't take the hit.
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Yeah, I meant actual sales prices will probably go up, that doesn't mean overpriced stuff will sell. If a building is at 240k and everything goes up 10% that takes it to 264k and I can totally see that happening this year. The people who have been listed at 299 for the last 6 months still won't be able to sell though.