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Reply to "For those in Mclean/Langley: when do you think inventory in your neighborhood will go up?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think that house will go very quickly but the listing agent may have limited viewings per the current owner's request in light of Covid. [/quote] Pending. Can’t wait to see what it went for. [/quote] Sold 75k over asking for a very quick closing - probably a cash buyer? https://www.redfin.com/VA/McLean/8301-Riding-Ridge-Pl-22102/home/9262707 OP, have you found anything yet?[/quote] OP here -- no, not yet. It's nice to see SOME inventory going up here and there, but they're definitely houses with some glaring issue (right by a highway, septic issues, etc.) that are coming out because the market is still so hot. Like everyone we struggle with whether the market is "buy now before it gets worse" or "it's so bad it's gotta get better". We want to move out of our DC rowhome because of space, schools and safety but all in all we do love it and are happy to stay for a little while longer until we find something we actually like. Keeping my fingers crossed that the prices are just from low inventory and will eventually level out, but I'm also very nervous that if I wait a few more months we'll be priced out of the McLean completely [/quote]
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