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Name: |
John C
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Subject: |
August 2018 Real estate market report
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Date:
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9/28/2018 12:52:24 PM
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Hey all, here's a link to my latest market report:
https://lakemartinvoice.com/2018/09/26/august-2018-lake-martin-real-estate-market-report/
Thanks!!
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Name: |
Carlson
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Subject: |
August 2018 Real estate market report
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Date:
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9/29/2018 11:48:07 AM
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Wonder how many for sale by owner deals are out there?
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Name: |
John C
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Subject: |
August 2018 Real estate market report
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Date:
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10/1/2018 11:54:52 AM
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I don't have an accurate number for FSBOs at Lake Martin but nationally, they usually account for 10% or so of sales. So if that holds true for the lake, in a year like this that means about 30 sales, or a little less than 2 a month. Now, how many of those are "deals" - who knows. Beauty is in the eye of the beholder. I can say that in my opinion a high majority (80%?) of FSBOs that I run across are overpriced. But then again, looking at the MLS, I see some overpriced homes there, too.
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