Homestead mailing list

[Marie McHarry <mmcharry AT gmail.com>]

On Sun, Apr 11, 2010 at 5:36 AM,  <Clansgian AT wmconnect.com> wrote:
>
> One reason that (asking) prices are all over the place is that a good many
> people are still living in 2005.  Around here a LOT of real estate is for
> sale.  Many sellers have ridiculously high prices...

Absolutely. My sister has a house in a fairly nice subdivision in
Springfield. Fortunately, she isn't looking to sell it. Houses in her
neighborhood are not selling. In fact, houses  in Springfield --
except maybe on the very high end -- are not selling. I have a friend
who's been trying to see her house for a couple of years. So far, she
hasn't had a single offer (but she's renting it).

It's worse in the country. I see more and more houses, some of which
appear to be quite nice, simply abandoned.

Interestingly, a few houses are being built in the country, mostly on
old farms where the existing house is about to collapse.

Marie