Striper Talk Striped Bass Fishing, Surfcasting, Boating

     

Left Nav S-B Home FAQ Members List S-B on Facebook Arcade WEAX Tides Buoys Calendar Search Today's Posts Mark Forums Read Right Nav

Left Container Right Container
 

Go Back   Striper Talk Striped Bass Fishing, Surfcasting, Boating » Striper Chat - Discuss stuff other than fishing ~ The Scuppers and Political talk » The Scuppers

The Scuppers This is a new forum for the not necessarily fishing related topics...

 
 
Thread Tools Rate Thread Display Modes
Prev Previous Post   Next Post Next
Old 05-18-2006, 12:45 PM   #16
gf2020
Registered User
 
Join Date: Jan 2002
Location: North of Boston
Posts: 444
I don't think prices in the under-$400K range will drop that much. In the Boston suburbs, however, the over $500K houses are declining.

I finally have a buyer for my house in Newbury, MA. It went on the market at $689K in June 2005. Similar homes in my neighborhood had gone under agreement in the weeks prior for $685K and $695K.

I dropped to $675K by Fall and took it off the market in November. It went back on the market in February at $669K, dropped it to $659K after 30 days and then to $649K after another 30 days. Finally under agreement at $635K.

I know for certain that I could have sold my house for $685K earlier in 2005, one of the recent buyers in my neighborhood told me they would have taken my home over the one that they did purchase. I just did not have it up for sale in time. Hindsight is 20-20.

So there you go, a $50,000 drop in less than 12 months.
gf2020 is offline   Reply With Quote
 

Bookmarks

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:52 PM.


Powered by vBulletin. Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Please use all necessary and proper safety precautions. STAY SAFE Striper Talk Forums
Copyright 1998-20012 Striped-Bass.com