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Reply to "DC Housing Prices drop beginning "
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[quote=Anonymous]i've been trolling listing daily as I need want to buy a home in the capital hill area. couple factors I consider 1) are we in a economic downturn = yes 2) is consumer confidence down = yes 3) do we have large population unemployed = yes 4) will economy snap back to pre Mar 2020 quickly = likely not so all data points necessary that a strong housing market favoring sellers have tilted towards buyers. I personal bet is to wait. I don't need a chart to tell me what i see with my own eyes. sure there will be buyers that needs to buy today and pent up demand, bottom line is there will be a drop come fall/winter 2020. how much no ones knows.. or if he/she did, wouldn't even bother posting in this forum [/quote]
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