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[quote=Anonymous]If this were me, I'd recalibrate and make a plan to move in 1-3 years, with hopes to wait out some of the recent dips in the housing market in some locations. The loss of federal jobs is reducing local housing demand (in some locations around the DMV - not all though) and the recent economy/tariffs/uncertainty have probably kept mortgage interest rates higher than they have been. If demand picked back up and mortgage interest rates came down the real estate market and prices would be off and increasing again.

I would also research what types of home improvement projects would be most likely to increase the value of the house. Just to make a point - we had a rowhouse in Petworth that had 2 fundamental flaws: no offstreet parking and no powder room on the main floor. We couldn't do a thing about the parking because the back yard was raised above the alley enough there was no way to fit in a parking space. But adding a powder room was doable - we wedged in a small one off the  foyer. That removed one of the "no go" criteria buyers might have about the property. Is there something similar you could do? Even better would be a lower cost cosmetic fix, like replacing terrible flooring, painting, replacing outdated light fixtures, modest landscaping. It would also make the wait to sell more bearable for you.

Once it looks like a better time to sell, timing is everything. Aim for the spring market and look for a realtor willing to negotiate their commission. FWIW, if you can wait out the current administration or at least see what happens with the midterm elections there may be changes that would improve the outlook for federal jobs and other factors that might increase demand. Best of luck to you.[/quote]

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