Comments on: Townhomes and Condos – They can be Easier to Sell Right Now http://www.aaronsold.com/blog/2007/02/townhomes-and-condos-they-can-be-easier-to-sell-right-now/ Updates on the Twin Cities real estate market from Edina Realty REALTOR Aaron Dickinson. Sat, 28 Nov 2009 02:48:40 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Aaron Dickinson http://www.aaronsold.com/blog/2007/02/townhomes-and-condos-they-can-be-easier-to-sell-right-now/comment-page-1/#comment-555 Aaron Dickinson Sun, 04 Mar 2007 19:26:40 +0000 http://www.aaronsold.com/blog/2007/02/townhomes-and-condos-they-can-be-easier-to-sell-right-now/#comment-555 That's a good point Lisa. Actually, I would argue that single family homes are the same way. With the current market, the builder has deeper pockets than most sellers so consequently the seller can get stuck with a house that cannot afford to sell. In this more historically normal market, I'm urging all my clients to consider a 3-5 year time horizon in respect to their purchasing decisions. That’s a good point Lisa. Actually, I would argue that single family homes are the same way. With the current market, the builder has deeper pockets than most sellers so consequently the seller can get stuck with a house that cannot afford to sell.

In this more historically normal market, I’m urging all my clients to consider a 3-5 year time horizon in respect to their purchasing decisions.

]]> By: Lisa Dunn http://www.aaronsold.com/blog/2007/02/townhomes-and-condos-they-can-be-easier-to-sell-right-now/comment-page-1/#comment-480 Lisa Dunn Wed, 28 Feb 2007 11:08:01 +0000 http://www.aaronsold.com/blog/2007/02/townhomes-and-condos-they-can-be-easier-to-sell-right-now/#comment-480 Hi Aaron! It's particularly difficult for a buyer who may have purchased a town home just a couple of years ago in the beginning phases of a developement, and find themselves wanting to sell at the end phase of a development. I've seen this over and over. The homeowner tries to sell a 2-3 year old town home, while the builder is selling a brand new town home, same floor plan, same amenities, same price. The homeowner simply HAS to take a loss of he/she has to sell. I tell my clients to NOT buy into a new development unless they plan to be there for a LONG time! Your friendly Edina Realtor, Lisa Dunn :-) Hi Aaron! It’s particularly difficult for a buyer who may have purchased a town home just a couple of years ago in the beginning phases of a developement, and find themselves wanting to sell at the end phase of a development. I’ve seen this over and over. The homeowner tries to sell a 2-3 year old town home, while the builder is selling a brand new town home, same floor plan, same amenities, same price. The homeowner simply HAS to take a loss of he/she has to sell. I tell my clients to NOT buy into a new development unless they plan to be there for a LONG time! Your friendly Edina Realtor, Lisa Dunn :-)

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