A place where I (the nitwit) keep track of the various oddments of my mundane but happy little life.
Monday, March 12, 2012
House Hunting Round #3: Part 3
We've now been through 26 houses. I remember reading somewhere that the average person sees about 40 properties before they find the right one, so I should been feeling hopeful. At this point I'm just tired. We've spent every weekend for the last couple of months on this project, and it has yielded not a thing. I had been doing fairly well with the plodding process until this week. Nothing new has come on this week in our target area in our price range. Not one house. I don't know if this is a blip or if something is really happening in the market. Our agent says that houses go very quickly when they do come on, so maybe that is translating into a rise in prices as well? Probably it's too soon to tell. Fingers crossed that we aren't seeing our chances slip away in front of our noses.
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2 comments:
I think this is saying that there are actually two markets out there. There is a market of unrealistically-priced houses (from people who are unwilling to take a loss), which the bulk of the inventory. And then there is a market of realistically-priced houses, which is moving briskly.
I believe you've hit the nail on the head.
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