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Reply to "How is the summer market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am working with an Arlington/Mclean client with a price range of about $2.5 million; the market is [b]very busy[/b], with "good" properties (i.e. on a desirable street with a good lot and updated) [b]flying off the market[/b]. Properties with good tear down potential are also moving fast. The prices (thankfully) are not spring/early summer of 2022 prices. Sometimes there are contingencies. It's a pretty strong seller's market with plenty of demand. [/quote] More *ucking lies? You guys really live in a delusional world, don't you? There have been FOUR *cking sales in Arlington county over the last SIX MONTHS, between $2.25M and $2.75M (your ~$2.5M range) [img]https://i.ibb.co/kSfm2Lq/Screenshot-2023-06-23-at-12-08-45-PM.png[/img] "very busy" "flying off" are hardly the adjectives that apply here. Wow…you have some rage issues. I posted this- first of all, I said Arlington and Mclean, and I’m giving you anecdotal experience and it’s mostly in Mclean where we’ve been focussed. Second, you should look at pending data and DOM before pending, not closed sales. Third- chill out, I’m sharing my personal impressions as an agent actively in the market- I’m not trying to make anyone feel bad, and I even noted that I was glad that prices are lower as compared to this time last year. So relax geez. Do t ask the question if you can’t handle the response. What do you want to hear- the market is dead? It’s not- there’s plenty of movement despite the near doubling of interest rates. There’s a housing shortage- nay- a single family home shortage (plenty of condos for sale). When my clients ask if it’s a good time to buy I say yes-bc if it’s a hot market now, imagine what it will be like if rates dip. [/quote]
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