DEQ's
Rodkin on Two Neighbors with Different Asking Prices
Posted January 8, 2013, at 3:44 p.m.
Send Dennis your real estate questions at dennis@rodkin.com.
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Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.
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Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
Follow Dennis on Twitter at twitter.com/dealestate
And with our friends at CLTV's HomesPlus
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You also don't know if the neighbors home is priced based on what they need to get out of it because of the payoff amount on their mortgage or they are basing it on market values. Ultimately a home is only worth what a buyer is willing to pay.