|
In any market you will always get outliers in terms of pricing, or to put it simply some places are just not really for sale!
I don't beleive the SF method is the best way to value SFH, I prefer location, type, style, quality, etc.
For example in my city I can build the exact same spec house and the price difference will be $50k-$70k just based on the side of town its on. Put it on the water and the price goes up $300%.
Its starting to become a sellers market, deals are still around but your at the end of the party in that respect. To many HGTV idiots are moving into the market. The party for now is in hurricane tear downs those are all coming on the market, and in the last of the foreclosure inventory the banks are spitting out now. But that party will be over in another 12-18 months.
__________________
2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200
|