Long Beach Housing Market

Value for your money!
December 29th, 2008 9:30 AM
I am currently working with several buyers, some of which are first time buyers, some are debating whether to sell their home and buy another and some are trying to see if they can afford an investment property.  Prices are so realistic especially for property that will become rentals.  I even have some clients who are thinking of selling their "huge" homes and buying 2 homes.  One primary and one investment.  I think that's brilliant if that "huge" home expenses and space are more than you need.  So, in my search to help these clients with their buying plans I have spent allot of time on the MLS researching opportunities.  Sure enough I have found some really great buys on homes that are in good neighborhoods.  But here's the problem.  The clients that have something to sell are not paying attention to the fact that if they will get a bargain on the "buy-side" of the transaction, the person buying their home will expect to get a bargain as well.  But allot of sellers , especially with higher end property don't seem to realize that they have to give something because they are getting it on the other side of the transaction.  Buying and selling are equal sides of a transaction and today with fewer buyers in the market, it's time for Seller's to get realistic and listen to their agents when they are discussing the listing price of their property.  It may be a bitter pill to swallow, but if you are buying, you'll get it back on the other end.

Posted in:General
Posted by Heather Burke & Sarah Ireland on December 29th, 2008 9:30 AMPost a Comment

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