Updated about 15 years ago on . Most recent reply

Having a hard time selling...
and wondering if I should rent until things improve? My homes are in a lower class price range($54,900) and go almost completely unshown. I have them priced well below value(where it should be anyway) and they are nearly completely rehabbed. Maybe I bought in the wrong area in this economy, but these should still be getting shown and sold. Any advice or questions for a struggling investor?
One sold for over $80,000 about 6 years ago and the other has comps that hung around $70,000.
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Jon Holdman
#3 Real Estate Deal Analysis & Advice Contributor
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Are they on the MLS? If so, and if they're not getting showings, they're probably priced too high. Are any houses in the area selling? If so, at what price?