Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Do people not understand there’s a shit ton of cheap housing in this area? PG, most of Silver Spring (it’s a massive area), Gaithersburg, etc? No one needs to move to Iowa. You just maybe can’t afford to live in Bethesda. Neither can I.

Define "cheap".

I don't understand why people believe this is a "Evearyone wants to live in Bethesda!!!!!!11111" problem.

The median Montgomery household ($125,000) can barely afford a townhouse in Clarksburg($500,000ish).

Denying the housing crisis is the new denying the crime crisis.

Which is why it’s a GOOD thing that developers are focusing on building more apartments and condos that the middle class can actually afford. Not everyone can afford or should be trying to buy a house. I’m sorry but it’s true.

Real middle class cannot afford $500K.

Real middle class in metro DC can. Two government workers are easily making 150-250k.

Two police officers making 160k combined can afford a 500k house. It may be tight but they can easily do it.

You're describing the upper range of government pay, not purely middle class. And certainly not young-family middle class.

No I’m not. Per MCPD(below). Two first year officers are making 130k+. That’s solid middle class and can afford a 500k home. Stop complaining about nothing.


Starting Salary for police officer candidates is $64,556 a year. Starting salaries based on police or military police experience:
$66,818 – 1 year experience
$69,156– 2 years experience
$71,576 – 3 years experience
$74,081– 4 years experience
$76,678 – 5 years experience

You're not buying a 500k house on a 130k income if you have kids. And certainly not if you're still paying off your student loans. You can't be that dense.

Anonymous wrote:Don't accept the offer. Don't raise the price. Neither are options, firstly because you state you need 50G more and secondly because you have done nothing to improve the home 50G, so this is not a good marketing plan and will turn off any pool of buyers. Stick to the price for a month and if no competition/better offers, take it off the market and lose out on the other home.

This only seems like reasonable advice because there's really no alternative for now. The OP is only a week into the listing, so I suppose there's still a small chance of a bidding war erupting. But if there aren't competing offers after a second week and (presumably) open house, I highly doubt a bidding war would erupt.

I don't see this turning out well for the OP, though. At best, maybe they'll be able to get $50k more in the Spring. But they're going to find themselves up against much stiffer competition from other buyers, particularly when you factor in the fact that they'll apparently need a home sale contingency.

I've never understood the MoCo haters here. It's obviously a desirable place for many to live- including many well-off people.

The housing market in MoCo is a bit weird. Decent homes tend to sell very quickly, yet prices in many parts of the county have stagnated.