From a realtor: P! x. y! z% E/ ?1 R( X
I get new listings/changed listings/price changes sent to me weekly. I can’t tell you how many have had “price reduced” on them. Houses that were priced 560+ are now going for 499K.: k; }9 v+ z1 a" Y2 _+ A+ W
The inventory is a bit low, but a lot of the inventory that we are looking for (500k+) are really crappy houses. We know of a house that we’ve had our eye on for about a year and its been on the market for 5 years (vacant). A brand new build…that’s going from original asking price of 780K down to 650K. I can’t imagine the holding costs on this house (property taxes, utilities) for the 5 years.9 Y2 X% B3 d' d' j! ]' L) D& p
We find a lot of houses that are built during the boom have unrealistic prices, houses built from 2006-2007/2008.6 A& G7 n' Q7 ^0 Q9 I% m# f3 N' x8 Y
....... ; ^1 V! j$ V$ R" B8 f" m1 OYou need to look at price history, not the Days on Market number. Many houses get relisted when they cant sell for the original asking price.! W# a& d2 [( ~: E* E+ }; G7 O
My wife and I have gone to many house viewings thst have been in the msrket for 6 months to over a year this month. 0 _. z$ o: k( o5 d* Kask your sales person for a price history. The ask/sell price stats are a complete lie. Any honest realtor will tell you that (like ours).' ]+ k# R3 C5 ~
" H( c/ p+ D, SActually, the blog is good for poeple who are intered in the real estate info such as Edmonton Real Estate Market Weekly Update. The link is as below:% l- W1 {0 n& L3 {6 t/ t
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发表于 2013-4-16 12:49
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