I wouldn't take anything I say to heart in your individual case. I know nothing of your market and a lot would depend if they get theirs sold before yours. If they do and your house is in better shape, that could make for a faster sell on your part.Gil Dobie wrote:Reason I was asking, is my neighbor and his neighbor both have their homes for sale. We were planning on selling in April. Both their houses need more work than ours, and we were planning on listing below what they are listed at. KInd of a local glut.89Hen wrote: Should be pretty soon, but nobody has that crystal ball. Boomers have not moved as quickly as previous generations. I'm sure it's party to do with the lack of pensions and retirement earnings and many simply can't afford to move to where they want. But as they're forced to move, the inventory WILL go up and prices will probably fall.
Around here, when people price too aggressively, they sometimes end up getting less in the end than if they had priced lower and created some excitement or urgency on the buyers. Price reductions are often seen as "what is wrong with the house?"











