Friday, January 27, 2006
Pricing Estimates
http://www.topteamweb.com
Everyone has a "ball park estimate" about the future profits of their potential real estate purchase. For Investment Condos - What return do you anticipate or must have on the rental income and the price appreciation to consider making a purchase?Past performance is no guarantee of Future Results. We advise our buyers to avoid buying any properties that rely on ongoing appreciation similar to the past in order for the deal to still make sense. We try to locate properties based on sound fundamentals that will weather potential readjustments in the economy.The real estate market has always been flexible. The Sale Price has always been what a seller and buyer agree to accept to close a deal. In the last three to four years in many florida areas ...a percentage of sellers and buyers have agreed to close deals at ...and above ...the asking price. Gulf Front...Waterfront and Investment Properties are best examples of this trend.In the middle of 2005 that trend has abated somewhat and asking prices and negotiations are trending downward.
Everyone has a "ball park estimate" about the future profits of their potential real estate purchase. For Investment Condos - What return do you anticipate or must have on the rental income and the price appreciation to consider making a purchase?Past performance is no guarantee of Future Results. We advise our buyers to avoid buying any properties that rely on ongoing appreciation similar to the past in order for the deal to still make sense. We try to locate properties based on sound fundamentals that will weather potential readjustments in the economy.The real estate market has always been flexible. The Sale Price has always been what a seller and buyer agree to accept to close a deal. In the last three to four years in many florida areas ...a percentage of sellers and buyers have agreed to close deals at ...and above ...the asking price. Gulf Front...Waterfront and Investment Properties are best examples of this trend.In the middle of 2005 that trend has abated somewhat and asking prices and negotiations are trending downward.
