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Beautiful home, on the MLS for over 1 year in Fort Worth, why?

In canvassing a neighborhood, I saw a 2 story home with almost 2000 square feet near the park and school. It has been on the market for over 1 year. The original price was $153,000 and now it dropped to $125,000. The home is in Park Glen and in the Keller ISD . Address Fort Worth 76137

My question is WHY? If we have low rate rates in the 5% range. You have a beautiful well maintained home vacant with every thing for it. What is wrong?

I spoke to several neighbors in the area. They say, if that home can not sell, then neither will mine, and I saw many homes in the subdivision in the same predictament but not as long.

What is wrong? Rates are not the answer;

Posted Thursday Jun 04