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[quote=Anonymous][quote=Anonymous]Everyone pointing out that the houses that are sitting aren’t “special” are missing the point. That’s the first sign of a slowing market. Certainly there are “special” houses that will sell instantly in any market. Those kinds of houses sold quickly in 2009.  When the market slows, it’s the houses with unfixable flaws that stop selling first, then the price starts dropping on the houses that are fine, but not really distinguishable from many others. The people who will lose money are those who bought in a panic over the last couple of years and paid top dollar for a flawed or not so special house.

There’s nothing wrong with these houses (except for maybe the one with the rent back requirement). But they do look all alike. [b]If I was in the market for a $2m+ house in Bethesda, I’d wait and see who really needs to sell and drops their price. Supply and demand.[/quote][/b]

And if you were looking in this market for the past three years, you would have been waiting a long time and been dismayed by how little you can get now for $2.2 million compared to 2020.[/quote]

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