She said her employees already have to commute from outside Southold Town
because local home prices are too high.
Not exact matches
Affordability is vital,
because when residents can no longer afford
local homes,
prices stop rising.
Keeping this in mind, if the
home you want to buy has an asking
price of more than $ 185,000, you should be able to talk the seller down considerably
because the
local market conditions call for it.
However, just crunching differences in
home prices can skew results towards communities that have poor prospects — that is, neighbourhoods that are cheap
because they're mired by social problems, lack amenities or are plagued by anemic
local economic growth.
But a
home that is
priced right, that is on the
local board and MLS ®, with good pictures and a well written description, will sell no matter what the commission is
because the extent of the marketing that is done automatically with the internet.
«This split opinion may be due to the fact that expensive markets with higher
priced homes are more likely to be impacted by the new tax law
because of the limit on the deductibility of state and
local property taxes.
It was the best showing for
local home affordability since the first quarter of 2014,
because of a decline in
home prices and mortgage interest rates.