Quote:
Originally Posted by Red
I see homes reduced by 50-80K and still sitting. Have seen some sold for 50K under list just days after it was listed. And these are the 600-700K homes so fairly large reductions percentage wise. No offer is an insult.
As for Polak.Why try and catch a falling knife? I'd be patient.
|
There are a lot of situations where houses hit the market overpriced. My neighbours house was put on the market at $660,000 and has dropped in price twice (maybe three times.) It is now $580,000. It is a pretty original 60`s era home which needs a total gut job on the inside.