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Real Estate
Reply to "Is there going to be panic selling?"
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[quote=Anonymous][quote=Anonymous]I assume most Fed and consultants/contractors in the DMV bought their homes ages ago. So I assume a lot of these people have reasonable mortgages and will.priabblu be okay if laid off. The folks who recently bought at 6% and higher and with inflated home prices of course will have a hard time keeping their homes if laid off. [/quote] I hope this is true. There have been very few sales in my area since 2022. People in my immediate neighborhood have overwhelmingly been in their houses for many years and are likely to stay put. Many are even retired and not moving.[/quote]
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