Quote:
Originally Posted by ScreamShatter
For what it’s worth, I’ve seen many houses selling in Fishtown area for $30k to $80k below the list. But they are selling....for now.
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Are you a realtor that you have access to confidential sale price data? I ask because usually it takes 6 weeks to close if there's a mortgage and then the sale price takes a few weeks after that before it's made public through the county. So if you are evaluating sale prices, wouldn't they be from at least two months old?
(I'm not a realtor so if I'm incorrect in my understanding of the process, I'd be happy to be "schooled".)