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Real Estate
Reply to "Argh - Where are the houses for sale???"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP- Literally anywhere from Kent/Palisades up through Bethesda and Chevy Chase. There are houses, but not many. I'm hoping the inventory will widen in the next few weeks. [/quote] We're looking in the same area and are anxiously waiting![/quote] What are you waiting for? Have you tried to sell your existing home? Think about it...... Wouldn't you expect that if you made an offer that reassured the seller that you have a purchaser and a firm settlement date in hand for your existing home that the seller of the home you desire would be more willing to accept your offer to purchase? Or do you think that if inventory widens (increases), you will get the price you expect for your existing home? Basic economics of supply and demand indicate that if you sell now, you will have more equity available to contract to buy your next home. If inventory increases, prices soften. List now and sell, and improve your chances of getting the home you desire. [/quote] That's the quandary, isn't it? No one wants to be homeless. BUT you CAN put in a home-BUY contingency into your listing contract too (i.e., you don't settle on the home you're selling until you find a place to live)[/quote]
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