Quote:
Originally Posted by Liquid_o2
People have to remember that November is a terrible time for real estate sales no matter the market. Unless you have to sell right away, I would wait for March to roll around, the market typically picks back up.
A 2 bed 2 bath property in my building got listed for $1,000 a square foot. I think it is crazy high... it has already had 2 open houses. Will be interesting to see what happens with it. Hopefully it doesn't sell for too low and kill the values of the building itself.
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Wait til March and expect less, even if it's not typically the best time to sell right now. By then, interest rates will be up again, maybe twice and it might be even harder to sell. It's a race to the basement.