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greedy sellers: Sellers, are you really prepared to keep your home once the tax credit disappears?
- 04/21/10 04:04 AM
I have 2 buyers who have made reasonable offers on homes within the last 2 weeks. Did they offer full price, no, because the comps indicated the sellers were listed higher than they should be. Neither offer was accepted. And guess what... the homes are still available.
First time buyers accounted for almost 50% of home sales last year. I am sure the data for Q1 of this year will indicate the same thing. Appraisals are tighter than ever. Why do sellers think they are going to get thousands of dollars more than if the tax credit was not in effect?!?
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