Wednesday, March 17, 2010

Price Per Square Foot...

It seems so important these days... the price you pay per square foot. Buyers (and Realtors) in our market are just obsessed with it. Did you know that in markets in the North, such as Cape Cod, they don't even focus on price per square foot? Probably because it would make them physically ill!!

In our market, if you paid $110/$ a few years ago, that was viewed as a very good deal. Today, there are many many properties on the market that are priced below $100 a foot. In fact, with a little research, you could probably come up with a nice list of homes in the mid $80's/$. That's less than some houses ten years ago.

The point is that its a buyers market. Take advantage of the great deals out there!

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