Made me think about our sometimes flawed thinking when it comes to the depressed real estate market.
In real estate (as well as pretty much anything else) we should understand that not all good deals are steals.
Attractive prices have a way of sometimes making home buyers more optimistic and less realistic.
I am certainly aware buying a house or condo is not the same as buying a hamburger but the correlation is there...
I wonder if McDonald's will sell me a burger for pennies on the dollar because the competition is keen - after all there is a Burger King around the corner and a Wendy's down the street...and...
Even the McDonald's folks run an occasional deal to combat the competition.
Sometimes the home seller will incentives as well. A good local real estate agent can help you recognize the good deal when it is offered..
But these good deals are not necessarily steals for pennies on the dollar!
If you are considering buying or selling a home or condo in Brevard County, Florida, give me a call if I can assist in any way.