Until recently, when someone requested a home, it was always 3 bedrooms / 2 baths...Oh, you know the rest. But, recently I've been noticing more and more of clients calling and asking me to exclude certain homes from their list, as they won't even consider looking at them.
What is this one item that is beginning to be a thorn in my side? OIL TANKS! With the price of oil getting so high, more and more people won't even consider looking at a home with oil heat, and it seems to be the only type of home in their price range.
I'm starting to wonder if more and more people are discounting the price of their homes because they have an oil tank instead of natural gas or electric heat. I'm guessing with summer coming this may be less of an issue, but at the same time as the price of a barrel of oil rises, they still may consider it when looking at homes.
Todd Clark - broker
Kastings & Associates
Courtesy of bjearwicke