Originally Posted by GotGarlic
The point is that real estate prices vary tremendously and one of the most important factors is location. So it's odd that you would say you're surprised that she's having trouble selling her house in New Mexico because of a condo sale in Boston.
Well here in Boston, it is a crazy place to live. My daughter owns a two family home with a basement apartment. She also owns the lot right next to the house and a garage.
Every single day there was at least one agent ringing her bell and wanting to buy the whole shebang. She now has a large sign attached to the very tall gate to the driveway, and it states, "This property is NOT for sale.
I am waiting for the RE crash to come. It won't be the first time.