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Reply to "Capitol Hill State of the Market?"
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[quote=Anonymous][quote=Anonymous]The only people buying houses in this comparatively high-interest market are the very wealthy and people who are being forced to move (job relocation, divorce, etc.). The size of the buyer pool is tiny compared with recent years. Combine that with interest rates that show no signs of coming down anytime soon and a bad time of the year to sell, and you have all these Hill houses sitting, many with significant price cuts. [/quote] This has surprised me, since so much of the Hill is young families who outgrow their space. The house you bought in 2018 with kid #1 doesn't really fit baby #3. I would have expected that forcing function would have kept more movement on the Hill [/quote]
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