Posted on 01/22/2019 9:05:41 PM PST by dila813
Doesn’t everyone want to pack over Christmas and move in on New Years Eve and unpack on New Years Day?
Amen!
Younger people do NOT want “starter homes”
get’s ‘em in trouble sometimes; too!
And just does your government supply you for that amount of money?
Of course your 2011 car probably has a lot more bells and whistles so that should be taken into consideration
True, but not THAT much more.
We had a 99 Grand Cherokee before, wasn't ABOUT to pay around $56,000 for another one!
Got a Compass instead.
RE markets can be very local and specific. My wife and I are brokers in soCal and live in Oceanside (north San Diego Co) The market has crept up for over the last three years. Now inventory is low, rices high, and interest rates creeping up. Low inventory should get bidding wars, but not at this time. Also it’s been wintertime, traditionally slow.
We live 9 streets from the beach. Our market is active. Not a lot of listings but quick turn over. The beach is its own market. people retire and want to downsize and have the best weather. Marines and navy retire and stay here with 100% VA loans. Our condo building having quick sales at all-time high prices.
In Cal you can transfer your property tax to 7 counties including 4 along the beach in soCal. So if you state din your home (under proposition 13) and pay 125 a month property tax, you canny the same price or later and transfer the 125 tax payment. If you’r over 55. Have to be starting from a California county. Good one-time deal.
I would say beach properties always in demand.
Who has financial planners and business managers w/o a business in their 30s?
Trust fund babies.
Seattle = Amazon or Microsoft stock option babies, most likely.
That, and excess student loan debt held by people in the prime first-house-buying age group.
“15% on the 10 year within the next 24 months.”
?
Well hey, I sold my property in Duchess county, NY, an IBM community, and am very happy to be in the Catskill mountains. At least, here in the Catskills, I have control over my own life.
If they bring the nightmare here I’ll get out of this country all together, or maybe go to Kentucky. The guy on this thread who said he wanted to be with people who think like him, had a good point.
In Illinois it supplies teachers and state employees with life long 75% pensions that increase 3% every year. That is by far the largest part, salaries and pensions.
I know you. Not you personally but your situation. I have homes in a North Chicago suburb and another 20 minutes south of Door and 30 minutes east of Green Bay. I suggest that you be as patient as possible. Price is not the issue. You have a unique property. And there are only a few people who would buy it. You need to market, especially to doctors and professors and business people in Madison and the Chicago area. Remember the person that sees the value in your land will want to pay for it. Others, just don’t really want what you are offering at any price. And that is okay.
Someone may like the house, another person may live in the house just long enough to design and build a new one. Wisconsin rural homes take a while to sell. Make sure you have examples of other properties that sold for comps. Also, look into what it takes to lower taxes. Like how can you raise a horse or grow a small farm for show. Just to lower the taxes. Don’t do it. Just tell your broker that its a selling point.
Remember those folks in Illinois are paying higher and higher property taxes. Their sales tax is 11% on everything including food. And their income taxes are going up. You also have Foxconn coming in. While they are still a little ways away. They have lots of people who need homes.
Overall be patient. My home in northern Wisconsin sat on the market for 5 years. Then I came and bought it for cash because my wife just had to have it. Thats what you need. Someone who just has to have it. By the way, make sure your realtor is doing a good job selling it. If you use the same realtor for too long, she will not try to sell the house because her clientele are wrong for the house. And her attitude will show through to the prospective buyers.
Thank you.
On the realtor issue: the lot of them out here are not that wonderful. With this one, they are Century 21 affiliates and have that marketing platform. She keeps in touch and follows up with both us, other realtors who show the property and her own prospects. She’s persistent. She’s doing the best she can and one of her colleagues has also done quite a bit with the marketing.
Other realtors have shown the place and some have asked for the listing. BUT: they can show any listed property and if they haven’t, either they don’t have the clients or they want to be the lister for that extra percentage when it finally does sell, even by someone else.
It is unique. We love it. It’s just getting to be too much work as we age.
Definitely; nobody want to live in a Tower of Babel where there is no common culture or language.
The Catskills are beautiful but I couldn’t take the winters; used to camp up by Hunter Mountain, but even in the summer nights were cold and there is a LOT of precipitation up there. Allegedly Indians didn’t even like it there...
No WONDER that is attractive to Hoosier teachers!
https://www.google.com/search?q=hoosier+teachers+pay+indystar&ie=&oe=
And, for a guy like me, there is always plenty of firewood in the Catskills, to enjoy in the evenings with.
Plus, it is only a two day drive to the Florida Keys.
“Plus, it is only a two day drive to the Florida Keys.”
So true!
We’d normally camp in the fall in the Catskills, and it was cold but bearable; as I understand it, they’ve made many of the areas we used much more accessible with better roads, marked trails, parking areas - totally ruining it for backpackers that wanted real isolation. I guess they were chasing tourist dollars; they have to do something for money (fewer and fewer people care about Woodstock very year...).
Maybe its because the selling season is March to October. December being normally a really slow month.
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