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re: Home prices are now contracting at levels only seen 2 times

Posted on 9/23/23 at 11:55 am to
Posted by BK Lounge
Member since Nov 2021
3784 posts
Posted on 9/23/23 at 11:55 am to
Very small sample, anecdotal experience.. but my house in Lakeview that we sold a few years ago is again on the market by the people we sold to.. i check the listing every once in a while for shiggles, and ive noticed that it has been on the market now for over a year.. in that year-plus, they have lowered the asking price 4 or 5 times.. if there is a god, then i thank him/her profusely for letting us sell that house when we did .
Posted by danilo
Member since Nov 2008
20539 posts
Posted on 9/23/23 at 7:16 pm to
quote:

Very small sample, anecdotal experience.. but my house in Lakeview that we sold a few years ago is again on the market by the people we sold to.. i check the listing every once in a while for shiggles, and ive noticed that it has been on the market now for over a year.. in that year-plus, they have lowered the asking price 4 or 5 times.. if there is a god, then i thank him/her profusely for letting us sell that house when we did .

I went to some open houses in NO today. I was the only one who went. shite is slow ….. but if priced right I am seeing some things sell relatively quick.
This post was edited on 9/23/23 at 7:17 pm
Posted by willeaux
Member since Jan 2006
2927 posts
Posted on 9/23/23 at 8:46 pm to
quote:

Very small sample, anecdotal experience.. but my house in Lakeview that we sold a few years ago is again on the market by the people we sold to.. i check the listing every once in a while for shiggles, and ive noticed that it has been on the market now for over a year.. in that year-plus, they have lowered the asking price 4 or 5 times.. if there is a god, then i thank him/her profusely for letting us sell that house when we did .


Is it priced higher or lower since you sold?
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