Reply to Are sellers cutting prices in your area?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes and some have been removed from the market and relisted as rentals. [/quote]

My DH and I are moving our family into a larger house and listing our current house as a rental.  I think we would be lucky to break even if we sold.  Makes more sense to rent right now. (Luckily we can afford to do this.)[/quote]

Agent here.  Especially if you are inside the beltway.  Rental market is very strong.   Just had an inquiry from a sports figure who wanted to do a six month lease and would pay $2,000 extra month for a short term lease for a total monthly rent of $17,000.  Two of my builders are waiting through the market and renting houses that they bought as tear downs.   One had three houses in okay shape that he had pained and  cleaned.  They were rented to recent college graduates for $3,600 to $3,800 a month.  Other had a house that broke my heart that he was tearing it down.  He had it painted and rented to two military officers for $4,200 a month. [/quote]

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