Can anyone knowledgeable in the real estate field take a stab at the following two questions? I realize that they’re pretty general, but just ballpark figures would be interesting to know.
1) What would you say is a rule of thumb difference (money amount or a percentage, whichever is easier) between the seller’s asking price and what that seller will accept? I realize that many factors enter into such an equation, such as market conditions, how quickly the seller wants to move, and so on; but, if you had to make some rough, general estimate, what would you say?
2) I’ve heard that ranches are in more demand now than two-story homes as the baby boomers are getting older and climbing stairs is becoming less desirable. If this is true, could you take another shot at what the difference might be (money or percentage) between a ranch and a two-story in the same neighborhood with all other things being equal, such as lot size, square footage, amenities.
Thanks.
2007-06-10
14:09:18
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3 answers
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asked by
John W
3