There are a number of excellent choices for the buyers particularly in the $500,000 to $650,000 range. Some of these are homes in original condition but the areas can command close to $1,000,000 for a renovated home.
The sellers are obviously in a more challenging position. Most buyers want homes in near perfect condition. Years ago people were willing to fix up and renovate. Also, the speculators who would buy - renovate and flip - are not in the market at this time.
With over 30 years of experience, I recognize this is a more "normal" marketplace.
Buyers are demanding. Sellers are adjusting to the reality of the market place and reducing prices. Homes are selling.
156 E. Main Street, Huntington NY 11743
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
