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re: Real estate in BTR is stupid right now.
Posted on 8/29/16 at 11:25 am to Tingle
Posted on 8/29/16 at 11:25 am to Tingle
quote:
Nola real estate is wayy overpriced but people keep on buying.
Does not compute. It's only overpriced if people aren't buying. Buyers determine the market price...all day every day.
1
Posted on 8/29/16 at 11:41 am to MardiGrasCajun
quote:That is true. It just blows my mind that people are willing to pay $300k+ for a 1,500 sq ft double that's on the same block as a crack house.
Does not compute. It's only overpriced if people aren't buying. Buyers determine the market price...all day every day.
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