30-A West Vacant Lots: Storm brewing? 6 Things you should know right now.
(1) Values are Increasing at Unsustainable Staggering Rates. (2) There is an Over Supply. (3) Days on Market is over 200. (4) Median Sale Price is $129,000. (5) Average Sale price is $249,099. (6) Don’t trust the average. Other than your typical real estate agent, whose ostrich-like belief is that it’s always candy land, ice ...
(1) Values are Increasing at Unsustainable Staggering Rates.
(2) There is an Over Supply.
(3) Days on Market is over 200.
(4) Median Sale Price is $129,000.
(5) Average Sale price is $249,099.
(6) Don’t trust the average.
Other than your typical real estate agent, whose ostrich-like belief is that it’s always candy land, ice cream and cake for everyone, regardless of facts, is there anyone that actually believes that vacant land can continue to increase at 15% to 17% per annum? With an oversupply? It would take almost two years to sell out!
Click Here to see the Custom One Page Analysis for Vacant Lot – 30-A West
Sellers: Lower your prices if you’re motivated.
Buyers: Negotiate hard. Start low.
BLT: “Rider on the Storm” by The Doors
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BBQ: “I like thinking big. If you’re going to be thinking anything, you might as well THINK BIG.”
– by Donald Trump