How can you say the market and reference the entire USA. Things inside the beltway and in DC are still hot. |
Must be a realtor, lol. |
I'm not saying anything. That is what the author said and I agree that the article was too general to mean much at all |
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Realtor here. The market starting slowing in the last couple of weeks. As it always does the day school lets out. There will be some pickup in late July with listings for school-sensitive shoppers who want to settle before Labor Day.
This happens every year. Nothing seems abnormal this summer, other than the spring was incredibly active with a lot of pent up demand. I still hear about pent up buyer demand but inventory is thin for quality product. |
Where? Things are sitting for a while in my 20878 neighborhood. Seen many price drops recently. |
Everyone things *their* neighborhood is special, the world over... |
Townhouse community - things that sold for close to 300k two years ago are going quickly and for closer to 400k. So perhaps i shouldn't reference all of 20878. I only know the lower priced (ha ha) parts that are within my price range. |
| Ashburn but not the good places close in |
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I see houses sitting in 22207 thought, too. Although that said I've seen some on busy roads sell recently, so who knows.
I don't think it's shifting back to a buyer's market. But I do think there may be more balance now. |
Oh yes, close-in Ashburn is so much more desirable than the parts of Ashburn that are way out in bumfuck. |
Wrong. Wishful thinking, realtor. |
| Isn't this about the time of the year where things start slowing down a bit anyway? Certainly by the end of the month. All the people ready to buy this year jumped when the spring market started. The people left aren't as committed. |
Not true. We are closing on our home in 13 days and have nowhere to go after. We keep losing in multiple offer situations with houses that are on for 5 or less days. I'm ready to buy but only one or maybe two houses a week are coming on in our target area. |
Uh, Gaithersburg? Seriously? |
I've noticed this too. I think it has less to do with a huge market shift than with sellers being unrealistic about pricing. Overpricing by $100k will scare off buyers. There's a buyer out there, but if nobody is biting, you're overpriced. |