FOR SALE for over a year

9:55 PM

We've all seen them... houses that have been on the market for over a year.  There are plenty of reasons why no one has bought these homes: price, location, curb appeal, lack of updates and so on.  Don't be so quick to judge.

Here's one in NYC:

Courtesy ny.curbed.com
Check out what this place looks like inside.  It's beautiful.  According to the article, "City's Saddest Penthouse Approaches Fourth Year on Market," the apartment has been listed by 5 different brokers.  Apparently the apartment stands out like a sore thumb in its neighborhood.  Read more here.

In my experience when a home has been on the market for over a year, it could have more to do with the economic climate.  Don't be discouraged when you see that a home you are interested and it has been sitting for a while.  It's not always a bad thing (yes, to the seller it's not so great.)

When you spot something that catches your attention, there's a reason you like it.  Make sure you do your homework.  I strongly encourage you to hire a REALTOR® who will know exactly what to find out for you.  You might discover that this home has EVERYTHING you have been looking for.



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6 comments

  1. The house we live in now had been on the market for over a year. It was definitely because of the market because it is an awesome house. We fell in love with it and bought it right away. We don't regret it at all.

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  2. Our home was on the market for a long time also. Our seller was giving it one more month before he was turning it into a rental. We love our home and are so glad we were able to scoop it up before it slipped through our fingers!

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  3. What a gorgeous place. It is definitely the economy--you have to have a job to buy a house;) Sometimes it's really hard to get through on that, especially with sellers.

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  4. It's so gorgeous I think people are afraid to live in it. No really I think it's the economy too.
    People aren't just reaching in there pockets to dump tons of money on a house like they may have
    done several years ago. I think people are becoming a little bit more aware of their major purchases
    and making more frugal choices. I'm sure I would fall to the floor to see the price tag on this home,
    but I'm sure that it would be worth every penny. It looks like a very enjoyable place to lay your head.

    Debra
    debrasdollars.blogspot.com

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  5. We were fortunate to sell our home in 2 months. But our realtor made all the difference. It was the only way to sell and buy. This house looks beautiful, but I'm more of a cottage and privacy person. I hope someone who likes this style will come along soon.

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  6. It's gorgeous, no doubt about it, and I think you're right about the length of time a home is vacant not being indicative of some sort of problem. The market simply isn't what it used to be.

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Thank you for your thoughts...

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