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Reply to "MoCo Real Estate for the Naysayers"
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[quote=Anonymous][quote] Gaithersburg zoned for QO (perfectly good school, though DCUM likes to bash it bc it isn’t a “W” school) has plenty of nice neighborhoods with homes at or around $600k. The ones in good condition are under contract in days. Here’s an example https://www.redfin.com/MD/North-Potomac/12016-Apple-Knoll-Ct-20878/home/10608946 [/quote] Argh! This is a PERFECT example of being dishonest like the realtors. This house did NOT go under contract in days. It went on the market in May, delisted in June and was then re-listed with a price cut at 573K, a month later in July it price dropped again to 559K and THEN it went under contract with a contingency for the buyer to sell their home. Look I like this house. The sellers sunk A LOT of money into and basically had upgraded everything from the roof to the windows to flooring to the kitchen to all the bathrooms. It is a good value IMO for 570K, nice area, and QO is fine. It is NOT a hot market though and this house certainly did not go under contract in days. The buyer is probably trying sell a TH somewhere in Germantown or Gaithersburg where the market isn't good either. Chances are that this house may be back on the market if the buyers sale does not go through in whatever timeframe the contract included. [/quote]
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