Between September 26 and October 26, 2008, 372 single family homes across Massachusetts were listed in the MLS at or above $2.85 million. One in four of those homes, or 94 listings, have reduced their original asking price by $1,000 or more per day; and one in seven, or 52 listings, have reduced their original asking price by $2,000 or more per day.
What does that mean to you? If you have been patiently waiting for prices to fall, there has been a real financial benefit. In fact, 47 home buyers have effectively saved $100 per hour by waiting! That’s equivalent to one of our consulting fees, and 33% higher than our lowest rate $75 per hour. If you’d like to learn how you can save money by timing the market and selecting one of The Real Estate Cafe’s 100% commission rebate options, please email us or call us at 617-661-4046.