Saturday I had the pleasure of showing some houses to buyer clients of mine. These are the buyers you dream of when you think of buyers. They moved to the area last year with a new job. They have been renting for a year and now are ready to make a purchase. We looked at five houses in the Slidell Louisiana area. What has suprised me most is the listing agents calling me to day to see how it went. Three called and two have said the listing are going to be reduced. I guess this shows how desperate sellers are now. I think most of them realize now how bad the market really is. They still have zero pricing power.
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
John, it just goes to show the property must be price right. If the price are adjusting the seller must be aware and make the right move. This is a price it right market.
Jun 09, 2008 04:19 PM
Myrtle Beach Homes Blog - Myrtle Beach, SC
Myrtle Beach REALTOR®- myrtlebeachhomesblog.com
John- We call it price improvement here. Improving the price to get more competitive.
Jun 10, 2008 02:47 AM
Chuck Willman - Alpine, UT
NewHouseUtah.com
I think the latest statistics show that... more homes moved last month largely for one reason- lower prices.
Jun 10, 2008 05:35 AM
Bank of England (NMLS#418481) - Raleigh, NC
Bob Mitchell (NMLS#1046286)
Anything will sell at the right price! Put a house on the market 50% less than other comparable houses and you'll have buyer's lining up to make offers...even in this market! It's ALWAYS a matter of asking price when a house doesn't sell!
Bob Mitchell
ValueList Real Estate Services, Inc.
Jun 10, 2008 06:50 AM
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
In our market homes priced under 500k are selling faster than those above $500k.
Jun 10, 2008 11:48 AM
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
In our market homes priced under 500k are selling faster than those above $500k.
Jun 10, 2008 11:48 AM
Rainmaker
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John Walters
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