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[quote=Anonymous]Seriously, this hand-wringing and narrative of MoCo in decline needs to stop. Are there other areas growing faster? Yes. Is MoCo shrinking or is there really an exodus? No, and the data shows it. The GCAAR website offers free reports directly from contracts signed and then closed in the county. Here is the June report: https://gcaar.com/docs/default-source/montgomery-c...une-2019.pdf?sfvrsn=2432cd93_2 The report is fairly clear: - stable if not slightly higher prices than one year ago ~1.6% higher - lower overall closed sales than June 2018 BUT higher contracts pending than one year ago, should even out by end of July or August - less inventory on market, you cannot sell what is not there My read on this is that the market is not quite as strong as 2016, when units were higher, but prices are still increasing and inventory is lower than that time period. This is not a report that suggests imminent doom. Sorry.[/quote]
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