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News for Real Estate Investors and Landlords — lofts

Simple Arithmetic Helps Sell Outlying Homes

Posted by 15789465 on

A recent report predicts 14% increase in auto sales in coming year, due in large part to improved consumer confidence and credit availability. BUT, gas prices still weigh heavily on everyone's minds.  I predict improved showings and closings for downtown lofts and condos, and for older neighborhoods close to large employers, shopping and dining. McMansions outside town, and farmettes, probably will continue to languish. That is, unless you can justify reduced prices in terms of fuel expenses.  In other words, "This exburban (past the suburbs) home is $15,000 less than a somewhat comparable (but less desirable :( ) house in...

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