Reply to why is this house in market for so long?

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[quote=Anonymous]As others have said, it is far too overpriced. The house itself, in my view, seems decent but there are several cons to the listing. A) the pictures are quite bad, both in quality but also too much clutter there (so listing seems less attractive), B) Comps sold for less than that several months ago when ineterst rates were lower (hell even redfin, which from what I have seen tends to overestimate the cost, says it's worth more like 880, C) Middle of nowhere, which frankly (and I am biased) if I am paying close to a million for a place, I want to be close to the DC (and this place is certainly not close). Would be a pita to commute to DC if one works there.

They should have listed at a more realistic price from the get go and it probably would have sold in a reasonable amount of time. Now that it's been on the market for so long, interest rates have risen, and it's the almost winter (ie slow season), they will most likely have to drop the price significantly to sell, or try and wait out until spring and hope that someone bites. [/quote]

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