Interesting Washington Post article

The reality of what’s for sale at any time has
always forced buyers to accept, in order to get. But in today’s frenzied
atmosphere, the pressure to compromise may have reached new levels. Buyers must
adjust their expectations quickly — on price, location, condition, style, size
and a host of other seeming must-haves — or forget
it.

…”You compromise and compromise
and compromise and then you see a house that has none of the things you wanted.
But it’s nice, it’s still standing, and it has the number of bedrooms you want,
so you go for it…. It wasn’t even the house you wanted and you couldn’t have
it.”

This article could almost have been written
about the Central Virginia
market!

Buying a home has always
involved some compromises. The reality of what’s for sale at any time has always
forced buyers to accept, in order to get. But in today’s frenzied atmosphere,
the pressure to compromise may have reached new levels. Buyers must adjust their
expectations quickly — on price, location, condition, style, size and a host of
other seeming must-haves — or forget it.

“It got pretty comical at
the end,” Sharon Virag said. “You compromise and compromise and compromise and
then you see a house that has none of the things you wanted. But it’s nice, it’s
still standing, and it has the number of bedrooms you want, so you go for it.
But then you get outbid. It wasn’t even the house you wanted and you couldn’t
have it.”

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About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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