Question Details

Mapinc, Home Buyer in

Why is the price of this property being changed on daily basis!!??

Asked by Mapinc, Wed Aug 8, 2012

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Supply, demand and lenders. Previously I would have said that supply and demand drive the housing market as with most markets but now with lenders dumping properties it is hard to read a local market. I have seen lenders turn down a good offer only to accept a lower offer within a couple of months. Until the foreclosures and thus the lenders are out of the market I am afraid the market will still be changing on a daily basis as you put it.
0 votes Thank Flag Link Thu Aug 9, 2012
There are some owners like this. Drives us all crazy when you have one. Usually, they settle down on a figure and stay with it.
0 votes Thank Flag Link Wed Aug 8, 2012
The only person that may know is the listing agent who edits the listing. go back and click on the listing agents profile and email them direct, even better... call them for your answer.
0 votes Thank Flag Link Wed Aug 8, 2012
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