Why are house prices so low in some markets?

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Dianna Bernhard asked a question: Why are house prices so low in some markets?
Asked By: Dianna Bernhard
Date created: Sun, Jul 25, 2021 11:45 PM
Date updated: Thu, Jun 23, 2022 5:44 PM

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Top best answers to the question «Why are house prices so low in some markets»

  • In markets that experience a huge and sudden influx of foreclosures, it's hard to tell. Part of the problem is that banks sometimes underprice deliberately. But there's more to those artificially low prices that appear to be under market value. Many factors affect home prices, but some sellers undercut prices for specific reasons.

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