Reply to Is there going to be panic selling?

Forum Index » Real Estate

Reply to "Is there going to be panic selling?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Some people here think DC job market will be entirely gone because everything outside of essential businesses and services/luxuries is government related and our new government will be non-existent.  In addition, they believe there will be no private business moving here ever.  The plan is to empty the entire metro area of 6 mil people or turn it into what some on X is hope: rural Mississippi, Detroit, or Baltimore (local's choice).

I think people are panicking and a lot of fed related employees/contractors thinking they were set for life are "shell shocked" right now.  I totally understand, with so much uncertainty.  But the above paragraph just shows the train of thought of those who think DC metro housing dump will be like no other.   I am sure there will be enough people who will panic and are already contacting their RE agents. RE agents happy with the sudden interest in their profession are only happy to oblige and tell them how many other people are thinking about listing and that if they don't hurry they'd miss the train selling at the top and will have to lower the prices significantly to compete with the crazy surplus of listings.

personally, I think there will definitely be more listings.  Every time administration changes (especially when parties change) there is movement in-out of DC, it's a given.  This year there will be more of it, but the entire metro area won't be for sale with nobody buying.  There will be buyers too. Probably more movement and more money for the realtors who were struggling last few years. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics