Home Hunter

Originally Posted by Home Hunter

Today's newspaper has 7 pages of foreclosures! (This is not a healthy market)

Avoid existing home sellers! (Priced too high)

Avoid new homes priced near $100 a sq ft or you will join the new underwater owners! (Many new homes in this area are selling for $50-75 a sq foot and prices are still falling!!!)

Focus on the price of the home, not the monthly payment. (If you do not, you will be selling at a loss in the future, many are losing $10s of thousand

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Originally Posted by Home Hunter

Again, today's Sunday morning Columbia County Paper showed 6 pages of foreclosures, some over $300K (Familiar names like Sumter Landing, Rhodes Hill, Eagle's Nest, Farmington, and others, etc...

Great article in today's paper stating that nearly 1/4 of all homes for sale in the area have been on the market for over one year! The article also talks about MLS pricing stats (be careful here, this is a closed system, so no one can see the real numbers). Bottom line: Bid Low!

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