Is the spring market over?

[Anonymous]

Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

[Anonymous]

It has been tough - very low number of homes going up for sale this year.

[Anonymous]

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

What's your target neighborhood?

[Anonymous]

OP, you might want to rent a place first. You can put some stuff in storage too if needed. Don't rush to buy a home just because you're on a deadline. Plus it takes a while to get to know the neighborhoods.

[Anonymous]

Yes now it’s the Solstice Slump and you’ll never get a house sorry.

[Anonymous]

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

Where are you looking and how much?

[Anonymous]

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

So buy the so-called dud. There are plenty of houses available.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

So buy the so-called dud. There are plenty of houses available.

Lol, sure. Drop 1-2 Mil, no big deal.

Op, if you don’t find what you like I agree on the recommendation to rent rather than rush into something you don’t like.

[Anonymous]

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

I know a few houses going in the market in the summer.

Brokers told them it will be the same constrained supply so no rush, move out first or finish up the school year then list.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Looking to move to the area in August. It was too soon to buy before April. We struck out in April so still looking I know things get slower around this time of year but there's NO new listings or coming soons this week in our target neighborhood, there's only one active listing that's a dud- been sitting for a few weeks. Wondering if we missed out. I'm having real anxiety that we're going to be homeless at the rate things are going.

I know a few houses going in the market in the summer.

Brokers told them it will be the same constrained supply so no rush, move out first or finish up the school year then list.

If they're in 20003, happy to buy off their hands and they can skip the listing drama! - a hopeful '23 buyer

[Anonymous]

Feel like there's been an uptick in listings in my zip (20015) over the past few weeks, but just about everything below $2 million still is flying off the market after the first open house. There have been three listings on the same block near me; all pending in like 3-5 days, on what many here would consider a "busy road" (it really isn't).

[Anonymous]

It’s over before it started.

[Anonymous]

The spring market is nonexistent.

[Anonymous]

Yes, very much so, at least in my corner of Bethesda. It was quite anemic from the start, too. The inventory was way, way too low, even worse than the usual poor inventory. A real estate agent we spoke to recently said sellers were sitting on houses because they thought they wouldn't get a lot of buyers in this high-interest rate climate.

[Anonymous]

There are so few houses on the market that everything we've looked at in Nova has gone for well over list price and most of them have even cancelled open houses. We're looking in the $900-$1.1 Million range.