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Reply to "Anyone with a listed property in NOVA go under contract lately?"
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[quote=Anonymous]The problem is that in 22207 folks think they should have enjoyed a certain percentage of appreciation, but in some cases that translates to trying to list a mediocre house with deferred maintenance for almost a million dollars. The limited buyers in this range expect better quality for that price point . The schools are excellent, so if you bring it down by the right amount the house will sell so there's nothing to panic about. I doubt August is going to change the fact that overpriced property tends to sit until it's priced appropriately, but I guess you can never guess exactly what's going to happen in real estate.[/quote]
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