HOUSES ARE NOT SELLING FOR 50% OFF IN OUR AREA! Ok, now I feel better. The media is loving this coverage. First of all, there were only 200 properties on the auction of the more than 4,000 new homes currently on the market. Most of the properties were in smaller towns west and north of the cities. There were a few local properties, but all had reserves on them... So, even if you won the auction there is no guarantee that you could buy the home.
Clearly people can see through this. Only 150 people showed up to the auction. Please contact me if you have any questions or concerns about the value of your home. Don't let the media ruin your day.. remember, they are trying to sell airtime. Rates are low, houses that are priced right and staged well are selling.
Have a wonderful day.
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