Lake Mexia Topics: August 2018 Real estate market report
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Name:
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John C
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Subject:
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August 2018 Real estate market report
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Date:
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10/1/2018 11:54:52 AM
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I don't have an accurate number for FSBOs at Lake Martin but nationally, they usually account for 10% or so of sales. So if that holds true for the lake, in a year like this that means about 30 sales, or a little less than 2 a month. Now, how many of those are "deals" - who knows. Beauty is in the eye of the beholder. I can say that in my opinion a high majority (80%?) of FSBOs that I run across are overpriced. But then again, looking at the MLS, I see some overpriced homes there, too.
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