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Reply to "Is there going to be panic selling?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My friend is panic selling. They are not feds but know the DC market will go down so they want to get the most amount out of their house. [/quote] Where will they go? Rent or move away from the area and abandon their jobs here?[/quote] It’s expensive to live in the DMV area. You can go to some red state and get a nice house for 250k. Crap schools probably but maybe you can help flip that state blue along with the other fired Feds fleeing the DC area[/quote] Nice house for 250k? Where, I mean which decade are you writing this from? :lol: [/quote] We live in a nice house in NJ that cost $238,000 in 2024. [/quote] Where?[/quote] Marlton [/quote] I looked at the prices in that area and around cherry hill. You do not have a nice house if you bought for 250K. It's likely a tiny shack needing major renovation because anything that would be approaching "nice" or even adequate for the DCUM crowd costs over 500K there, with what people would actually consider "nice" costing over 1 mil and more like over 1.5 mil. Yes, around Philadelphia. [/quote]
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