On 7/23/2017 8:42 AM, Janet wrote:
> In article >, penmart01
> @aol.com says...
>
>> I would've also advised Jill to contemplate at least two years before
>> deciding to move into her inherited house,
>
> You repeatedly miss the point. Jill already lived in the house she
> inherited, had done for years.
>
> Janet UK
>
2008 was pretty much a bust for everyone in terms of the real estate
market.

My neighbor's house has been on the market for a long time. She's
pretty much stuck until someone buys it. Meanwhile, she's paid to have
it repainted (inside and out) and still has to pay the taxes, etc.

The house on the other side of mine was on the market for about 7 years.
It's a gorgeous house, all the bells and whistles including a fancy
kitchen with all the things people seem to want: granite counter tops,
stainless appliances. It even had built-in wine racks. I watched as
the asking price went down, down, down.

Moving isn't cheap, either. These college kids John will be renting to
probably don't own a lot. They're renting a room in a house. Likely
they can load everything they own in a small truck and they're gone. If
they get friends to help them, just buy a couple of pizzas and some
beer. It isn't that easy when you're an adult with a house full of
furniture.

Jill

On 2017-07-23 10:31 AM, jmcquown wrote:

> 2008 was pretty much a bust for everyone in terms of the real estate
> market.
>
> My neighbor's house has been on the market for a long time. She's
> pretty much stuck until someone buys it. Meanwhile, she's paid to have
> it repainted (inside and out) and still has to pay the taxes, etc.
>
> The house on the other side of mine was on the market for about 7 years.
> It's a gorgeous house, all the bells and whistles including a fancy
> kitchen with all the things people seem to want: granite counter tops,
> stainless appliances. It even had built-in wine racks. I watched as
> the asking price went down, down, down.

Real estate is a funny business. There were houses around here that
were on the market for ages. The market was stagnant and houses simply
were not selling. Recently they have been selling like hotcakes. My
neighbour's house was on the market for more than three years. The one
on the other side of it had been owned by an old lady who moved into an
old folks home. It was snapped up by someone who wanted to rip it down
and put up a huge places that required by law variance. When that was
rejected the put it back on the market and it sold within a few days.


>