Raising prices when a house doesn’t sell?

Hmmm – this new construction house has been on the market for a while – what should the Sellers

do?

Why, raise the price, of course! If a property has been on the market for an extended period of time with no

takers, very frequently the builder/seller will simply raise the price to cover their costs, be they debt services, etc.

The demand in our market is such that this rarely backfires on the builders/sellers – unique, huh?

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