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By dallasrealtor | May 25, 2009
If you’ve been dreaming of five-bedroom mansion in and around the Dallas, Texas area, then you’re in luck – thanks to the retiring Baby Boomers, more Dallas luxury homes are being traded in for two-bedroom suburban homes, which means there’s a surplus of luxury homes on the market. Best of all, there aren’t enough Generation X consumers to fill the void – which means that mansion owners looking to move will be desperate to sell their property.
In other words, the market is on your side – so use it as part of your negotiations! Let the homeowners know that there aren’t enough individuals looking for larger homes in the current market, due to economic and social circumstances. If you play your cards right, you should see the price of that luxury home come down significantly – which means you could be living the good life sooner than you think!
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Coleen Donovan - Keller Williams Realty - Dallas, Texas
Licensed REALTOR in the State of Texas
