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In almost every US housing market except the Bay Area, houses can sit on the market for quite some time waiting for the right buyer. I’m looking at apartments r
by hshehehjdjdjd 9y ago
In almost every US housing market except the Bay Area, houses can sit on the market for quite some time waiting for the right buyer. I’m looking at apartments right now in nyc and we saw a very nice place that has been on the market for half a year. It’s not exactly right for us at this time, and perhaps it is a little over priced, but it’s not hard to picture this making the owner antsy.
- subpixel 9y agoEvery situation is unique: maybe the sellers need a certain price for financial calculations that are wholly separate from the apartment they are selling. My argument is that Zillow is always going to come in under-market. That's their whole model, and in order for it to work a lot of sellers need to be in a financial situation that allows them to say 'fuck it, I'll take the Zillow price and be done with this'.