House That Sells In Bad Market

Last Revised on January 23, 2008

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With the home sales falling way down to make it look like recession is coming to us. A study by Moody’s Economy.com predicted price declines in Punta Gorda will be the worst in the nation — down 35.3% by the second quarter of 2009. And that’s not accounting for inflation. What people should know is that good and quality homes will sell even in a bad market because there are lots of people who still don’t own a house. They are the potential buys and sellers have to look from these potential home buys point of view.

Location and Neighborhood: When building a house, the first thing is consider it is whether the location is good or not. House located in good neighborhood with quality education and quiet surroundings will sell no matter what. There is always going to be demand for a house as our young population grows and go for independent living.

Culture and public services: A thing lot of people seem to forget when buying a house is that they don’t consider anything besides location and school. There are other things they should consider such as library, parks, communities and all these things. Even a small things like sidewalk would matter a lot. Even though people drive quite a lot, their kids need to walk for the school bus, for example. Besides, people like to walk for exercise and joy of it.

Cost of maintaining a house: Buyer are smart and they want to know how much it cost to maintain the house, like electricity and city bills for snow removal, landscaping, etc. It’s good to have it as low as possible. House that are in good condition will sell better than house that are pretty old and ready to fall down, just a basic premise.

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One Response to “House That Sells In Bad Market”

  1. Lili Says:
    April 27th, 2012 at 8:40 pm

    in most states, you caonnt buy a vehicle until you are 18. you can provide the money, but it would have to be in a parent’s name. as for the cost of insurance, it depends on the make and model and year of the vehicle. a newer vehicle will be more expensive due to the additional coverages you would want such as comprehensive and collision as well as liability. if an older vehicle, it may be too expensive to purchase collision and/or comprehensive so you would just get liability. rates will vary from company to company with some being cheaper than others. also, if you have drivers education you can get a discount on liability, as well as for drug education, and multi-car discounts on your parent’s insurance.rather than buying a seperate policy, get it on your parents policy and you will be rated on their vehicle so you can drive it as well, though you inform the insurance company that you have a seperate vehicle that you will drive.don’t buy a car just to learn to be a better driver, but so you will have your own car. driving it will give you the advantage of getting more experience as well as provide you seperate transportation.

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