Reply to Has the market cooled down drastically?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe it's as simple as you're priced too high. There are some homes listed at the moment (I'm looking in N. Arlington), and I just laugh at the delusion of some sellers. [/quote]

Ours was based on neighborhood comps and the upgrades we had compared to the last sold house..I wouldn't say insanely priced..The house is very recently built and in a decent school district. [b]Wouldn't people still want to come view it an open house? We went to open houses even when they were 50K over our budget just to get a feel for what a home that price had to offer when compared to the homes available in our budget.[/b][/quote]

I can only answer for myself, but no, I would not go to an open house for a home that is priced far above my budget.  When I was in the market to buy last year, I kept to my maximum price point because I did not want to find a fantastic home only to feel devastated that it would never happen.  Where we were looking, houses were routinely going for far above asking, so there was also no room to negotiate.  In searching, I believe most people adhere to the max price, so your home priced above someone's max wouldn't even show up in a search.  [/quote]

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