November 2020 RSS Feed

Found 1 blog entry for November 2020.

Who prices a house? Where does the final price come from? Market price is a wondering roaming atmospheric condition. The median price of an area is caused by multiple factors... Demand, interest rates, employment, wages. Yes this causes the swings in the market the highs and lows, but where does the market price for an individual home come from? It comes from the buyers and sellers, not the realtors, not the appraisers, not Zillow. Market price is simply where the buyer and seller meet. Often a buyer thinks a home is priced too high and a seller may think their home is priced too low. But if neither party comes to the table there is no "market."

Sellers often ask what do you think my home will sell for, ah, this is a tricky question often designed…

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