We have been previewing houses all week for people coming in over the next 3 weeks. I have been to gated communities and lake communities and vacant houses near the university. Shocked is a harsh word, but I have been shocked at the condition of the properties we have looked at.
When you are looking to find a good deal, the first thing I look at is the days on the market and the number of times the property has been reduced. Today most of the properties were in a gated community, on the market for more than 400 days and have been reduced by at least 10%.
I loved the first house. People were still living there and everything was fresh and in excellent condition. The price was droppe...