Vacant vs. Occupied? Which sells for more?
It is interesting that this study states vacant homes sell for less than occupied homes. It may be that buyers are taking their time to make offers lately and an empty house tells them the seller can afford the empty home. It may also be that sellers with a vacant home are more motivated to sell it for the highest price offered in order to avoid another mortgage payment. Check out this article by Redfin. Let us know what you think.