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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (23063)8/8/2004 4:17:50 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Definitely agree that buyers these days demand the whole enchilada right up front.

I've helped some people relocate to smaller older homes in the close-in suburbs, which they rejected at first, after they discovered their nice shiny new home out in the boondocks was a helluva commute from their jobs and most other things that matter. But of course they wouldn't live in the older homes "as is"--major redecorating was required.

Two homes just sold on my street after being owned for years by people who didn't update them, and the new owners already have renovation crews at work. Huge dumpsters are sitting in both driveways to haul away the old stuff and trucks are arriving daily to install new stuff before the new owners are willing to spend even one night in an older home. Think of all the jobs this is creating! <<gg>>>