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Reply to "Bethesda houses sitting…"
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[quote=Anonymous] High interest rates, people. That's all. Plenty of sellers are not putting their homes on the market because they are worried that they won't have enough buyers, even though a number of buyers pay cash. Sellers want bidding wars to escalate house prices. Plenty of buyers don't want to leave their advantageous interest rate. The homes in Bethesda are rarely for first time home-buyers, so most of the buyers already have a mortgage. So it's a (perhaps unexpected) consequence of high interest rates. I've been following the market in Bethesda for the past 3 years, and this is the softest it's been in these 3 years. [/quote]
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