Its a hot market for nice well price properties. If they are priced too high or have major flaws (power lines, busy street, bad yard etc) they will sit. For good well priced properties and by well priced I mean in line with recent comps there are strong sales. For example, I just checked LC Oaks today and there are 4 nice homes priced between 1.1 and 1.3M. The comps are all between 900 and 1M for these homes. Price these homes at 999K and they will be sold in a week or two. Price them at 1.1 to 1.3M and they sit.
Its almost happening as we expected. The difference between this and the bottom is the volume is much lower, even if the failure rate is quite high, I do not know how much volume is there to support mid-range significantly.
Its almost happening as we expected. The difference between this and the bottom is the volume is much lower, even if the failure rate is quite high, I do not know how much volume is there to support mid-range significantly.
Its almost happening as we expected. The difference between this and the bottom is the volume is much lower, even if the failure rate is quite high, I do not know how much volume is there to support mid-range significantly.
Its almost happening as we expected. The difference between this and the bottom is the volume is much lower, even if the failure rate is quite high, I do not know how much volume is there to support mid-range significantly.
Its almost happening as we expected. The difference between this and the bottom is the volume is much lower, even if the failure rate is quite high, I do not know how much volume is there to support mid-range significantly.
There seems to be plenty of demand to support prices up to 800 to 900K. After that it starts getting dicey. With that said the sales volume between 900 and 1.2M has been surprisingly strong of late.
There seems to be plenty of demand to support prices up to 800 to 900K. After that it starts getting dicey. With that said the sales volume between 900 and 1.2M has been surprisingly strong of late.
There seems to be plenty of demand to support prices up to 800 to 900K. After that it starts getting dicey. With that said the sales volume between 900 and 1.2M has been surprisingly strong of late.
There seems to be plenty of demand to support prices up to 800 to 900K. After that it starts getting dicey. With that said the sales volume between 900 and 1.2M has been surprisingly strong of late.
There seems to be plenty of demand to support prices up to 800 to 900K. After that it starts getting dicey. With that said the sales volume between 900 and 1.2M has been surprisingly strong of late.
