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A Shocking Look At Bank Owned Homes

This Post Has 2 Comments
  1. From the first 6 minute video:

    The Knox County Ohio Market is shifting
    Aug 10, 2022 The signs of a real estate market shift are obvious to those who study the housing market. Two key factors that you should pay extra close attention to are an increase in the number of listing price reductions taking place and also signs that the number of days on market a home is for sale is another sign the market is shifting. A few other things that you should watch for are any sizable increase in the number of competing homes for sale because an increase in housing inventory creates competition among other home owners who have their homes also for sale. The more homes that are for sale the more that will play a factor and have a negative impact on the absorption rate (months of available inventory supply).

    The Knox County Ohio housing market over the last 30 days have experienced a significant number of price reductions and some of those price reductions have been as much as $50,000 to $200,000 price drops. The Knox County Ohio housing market is still very active and buyer demand remains high but the homes that are successfully selling are pricing their homes right and most owners are still receiving multiple offers and many selling over asking price. Those who choose to list their home well above the current market value are experiencing longer days on the market and most aren’t selling, some are expiring off the market and remain unsold while others are having to make price reductions and in some cases they are even selling for less than they would have if they would have listed at the current market value in the beginning. The time to price your house right is when you are putting it on the market because the first 30 days is when you will have the most serious buyer activity.

    The second 17 minute video:

    Problems Brewing In Vaughan, Richmond Hill & Markham Real Estate? –
    Team Sessa Real Estate
    Aug 11, 202

    Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of July 28 – Aug 3, 2022.

    The last 17 minute video:

    A Shocking Look At 3 Bank Owned Homes For Sale in Florida In 2022
    Aug 10, 2022 In today’s video, we toured 3 bank owned homes for sale in Central Florida that are on the market for under 500k!

    I hope you enjoyed this video and can see the difference in prices Florida has to offer compared to most other states.

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