I pride myself on providing excellent, professional service to my clients and guiding them through the home buying or selling process with the least amount of hassles....and a lot of smiles!
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Trulia Voices!
Given the history of real estate market cycles, If you plan on staying in the home for at least 5 years, then you should do well upon resale with either development. Under current market conditions, and depending on the Seller's situation, you could potentially negotiate a contract that's largely in your favor when dealing with a home owner. When dealing with a builder, there is usually less room for negotiations. On the other hand, builders are offering some nice incentives (for upgrades, as an example), upgrades that could make your home more appealing upon resale. Bottom line in my opinion is, you can speculate and over-speculate..... do your homework, though, (which obviously you are), then trust your gut instinct. There are many variables to address, however, that in this forum we are not privy to. - Tue Aug 5 2008, 05:47
I concur with majority of the replies here. There are 3 major things that affect sale of a home: Price, Condition, Location. We can only control the first two. Have your agent check the SOLD comps and adjust your price if necessary. Have your agent do an open house or two and get some feedback, even if it comes from neighbors. Try postlets.com AND craigslist. With postlets, you or your agent can make a nice looking online flyer that you can easily cut and paste (the HTML code) into craigslist. Craigslist works to generate interest and inquiries. More than 80% of home buyers start their home search online. Good Luck To You! - Fri May 2 2008, 06:42
There are some good points made here, although I tend to agree with Jason regarding how much value a pool adds to the market price of a home. Indeed, there are many pool styles, conditions, landscapes, fences, lot size, privacy, hot tub inclusions, etc. that will affect the value as well. If you can find that similar home that meets your needs at a lesser price, I'd say go for it. - Tue Apr 29 2008, 16:30
Keitha,
For easy access between Allentown and Philadelphia, I recommend Harleysville, Lansdale, North Wales or Skippack. These are easily accessible to the Lansdale interchange of the PA Turnpike which connects the two cities. Plus, train station in N Wales is a great option to get to Phila. Lots of styles & price range of homes to choose from as well. Feel free to contact me should you need further assistance. Paul - Tue Apr 29 2008, 16:19
Stephen,
It is indeed a Buyers Market. Interest rates are still quite good and there is lots of inventory to choose from. Some Sellers are making even more concessions than price reductions such as providing assistance with Buyer closing costs. One theory on waiting is that what you might have saved by waiting (a lower price) might very well be eaten up by a higher interest rate. Bottom line is, if you plan to stay in the home for at least 4 or 5 years, then this is a great time to buy. Buyers have nearly all the negotiating leverage right now. Let me know if you need a Realtor in SF. I can refer you to someone there. Good Luck! - Tue Apr 29 2008, 16:10