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Old 04-24-2003, 01:34 PM   #167
c2ed
Roughin' it
 
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Join Date: Mar 2003
Location: In the woods
Posts: 221
housing prices (well, to buy) keep going up

Quote:
Originally posted by Sidd Finch
If I had any guts, or less inertia, I'd sell my home and rent for awhile until housing prices tumble back to reality. Hell, the place next door to me, with an identical floor plan, has been on the rental market for nearly a year now.
How much they renting it for? I could use another home office. :-)

I think the buying market may be slowing a bit, perhaps not in prices, but definitely in time on the market. Used to be you'd have your house put up for sale, and 3 days later it would be sold for over list. A few months ago, you might have to wait 2-3 weeks, but it would sell for over list. [warning - ANECDOTAL EVIDENCE COMING] But there are at least 4 homes in my neighborhood that adorable (I love open houses), seem to be priced right for the market, and they've been up for over a month, and in one case, 3 1/2 months. I haven't talked with the relevant owners or realtors, though, to know why this is the case.

C(it can't be my nude sunbathing and expressionist dance fits that are keeping potential buyers away, can it?)deuced
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