Tag Archives: market

The Risks of Overpricing Your Home

Most real estate brokers will tell you: overpricing your home from the moment you put it on sale is asking for trouble. You have so little to gain and so much to lose. Here are the reasons why.

A seller may be tempted to ask for an exaggerated price in case a buyer, too naive to realize it or too rich to afford wasting time, finishes by taking the bait. That is wishful thinking. The odds of that happening are slim. Very slim.

Perhaps the homeowner thinks, since there is no hurry, that he will patiently wait for his price, comfortably seated at home. A buyer will eventually come knocking. Wrong!

iStock
iStock

Perhaps the seller overestimates the value of his property or demands an unreasonable price to compliment his homeowner’s pride. No matter the case, he will regret his decision. Continue reading

A market awaiting investors

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Source: iStockphoto LP

The construction of intergenerational homes has not experienced its expected popularity. Condominiums have mesmerized investors in recent years, at the expense of rental properties. However, senior citizens are omnipresent, and numerous. And do you know what? Their numbers are increasing every year. We haven’t seen anything yet.

Are you thinking of investing in real estate? The senior citizen housing market is a prime category. But you have to know the preferences of retirees and future retirees and how to adapt to them. Continue reading