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To: onyx

A buyer’s market is when the supply exceeds the demand, which leads to lower prices of real estate. That’s what happened in 2008, and it’s been a long time recovering from it. Some areas are doing all right and others not so much.

In a seller’s market, a house would end up in a bidding war, and sell for more than the asking price. It all depends on the location.

The right paint can influence a buyer’s interest in a home, so you are wise to focus on that.


205 posted on 04/01/2015 3:36:40 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: trisham; RedMDer

OH, OKay. Well, this market depends on the house. I’m not coming down a dime...LOL. Well, maybe a dime, but right now, I don’t know the listing price but I have a pretty good idea of what I’ll accept. I’ll sit on it before I’ll ever consider a fire sale or a bargain for the buyer. I’m quite happy with the improvements I’m making...LOL.


209 posted on 04/01/2015 3:42:04 PM PDT by onyx (PLEASE SUPPORT FR. Donate Monthly or Join Club 300! God bless you all.)
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