Reply to I think the bubble is popping.

Forum Index » Real Estate

Reply to "I think the bubble is popping."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have seen some homes on my Redfin feed marked "contingent" rather than "pending" which I found interesting.

Wonder if that means the sellers are allowing a home inspection?  Or contingent on the buyer's  home sale which seems very unlikely.[/quote]

They are.  We just put in an offer with all contingencies.  There were zero offers competing.  Only offered at asking price too. Nothing over.  Market is absolutely cooling.  Sellers will have to take contingencies if they want to be competitive.  The inventory is the most I've seen in a long time. And we were looking for quite some time. [/quote]

What price range, if you don't mind sharing?[/quote]

Please share the location as well if you dont mind.[/quote]
I have not seen any indications of inventory for THs or detached SFHs increasing. In fact, all data suggests that it is down significantly everywhere. The only inventory that is up right now is condos. That inventory is rising significantly. 
https://b386363e680359b5cc19-97ec1140354919029c7985d2568f0e82.ssl.cf1.rackcdn.com/ckeditor_assets/attachments/root/Market_in_a_Minute/June2021/275362/NorthernVA_June2021_StatPak.pdf
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics