Anonymous
Post 03/25/2014 20:16     Subject: Spring Market=More Houses?
We had this conversation last Spring and there was never a boom of new houses that came on the market.
Anonymous
Post 03/25/2014 19:17     Subject: Spring Market=More Houses?
I'm putting my house on the market next week. I don't think the spring market is here yet. I've had friends say they want the grass to green a bit more before they out up he for sale sign and take pictures
Anonymous
Post 03/25/2014 19:13     Subject: Spring Market=More Houses?
This is it
Anonymous
Post 03/25/2014 19:12     Subject: Spring Market=More Houses?
I bet the majority of responsible adults refinanced last year and currently have low rates. We do. DH won't even consider selling now. I think this spring market will be slow.
Anonymous
Post 03/25/2014 19:07     Subject: Spring Market=More Houses?
Anonymous wrote:
Anonymous wrote:The artificially low rates have generated a locked up market, because now people never want to sell and have to accept 'higher' rates at 4-5% (what I have to pay interest).

Inventory shortage has triggered the current bubble. Who knows how it will play out until it pops...


What percentage of homeowners currently have low rates though? not everyone


I agree with this. We purchased 4 years ago and have a 3.25% mortgage. It's painful to have to move on to a 4.5%
Anonymous
Post 03/25/2014 18:19     Subject: Spring Market=More Houses?
This IS the spring market.
Anonymous
Post 03/25/2014 16:16     Subject: Spring Market=More Houses?
Anonymous wrote:The artificially low rates have generated a locked up market, because now people never want to sell and have to accept 'higher' rates at 4-5% (what I have to pay interest).

Inventory shortage has triggered the current bubble. Who knows how it will play out until it pops...


What percentage of homeowners currently have low rates though? not everyone
Anonymous
Post 03/25/2014 14:52     Subject: Spring Market=More Houses?
Anonymous wrote:There will be a modest boost in inventory in your target markets just due to the usual pre-school movement of folks out of DC to the burbs. But each year that gets smaller and smaller.

The fundamental problem inside the Beltway is that job growth has outpaced inventory growth, except for small apartments, and you just have more people searching for less. The decline in govt contracting and defense is making inventory rise in outer ffx and loudoun, but otherwise it's strong across the area.


What industries "inside the beltway" have seen job growth in last 2-3 yrs?
Anonymous
Post 03/25/2014 14:50     Subject: Spring Market=More Houses?
There will be a modest boost in inventory in your target markets just due to the usual pre-school movement of folks out of DC to the burbs. But each year that gets smaller and smaller.

The fundamental problem inside the Beltway is that job growth has outpaced inventory growth, except for small apartments, and you just have more people searching for less. The decline in govt contracting and defense is making inventory rise in outer ffx and loudoun, but otherwise it's strong across the area.
Anonymous
Post 03/25/2014 14:47     Subject: Spring Market=More Houses?
The artificially low rates have generated a locked up market, because now people never want to sell and have to accept 'higher' rates at 4-5% (what I have to pay interest).

Inventory shortage has triggered the current bubble. Who knows how it will play out until it pops...
Anonymous
Post 03/25/2014 14:09     Subject: Spring Market=More Houses?
Anonymous wrote:
Anonymous wrote:Not with the market the way it is


curious what you mean specifically. higher interest rates? people still underwater? ?


Do you mean because many cannot get what they paid for their houses right now - so they're waiting?
Anonymous
Post 03/25/2014 13:52     Subject: Spring Market=More Houses?
Agents are saying it should see a decent boom in houses on the market in the next month or so. Of course, only time will tell. We are planning to list in the summer...and buy.
Anonymous
Post 03/25/2014 13:37     Subject: Spring Market=More Houses?
Anonymous wrote:Not with the market the way it is


curious what you mean specifically. higher interest rates? people still underwater? ?
Anonymous
Post 03/25/2014 13:23     Subject: Spring Market=More Houses?
Not with the market the way it is
Anonymous
Post 03/25/2014 13:08     Subject: Spring Market=More Houses?
Feeling so antsy - have been looking for the right house for what feels like forever. It seems like there's very little inventory in the nieghborhoods we're searching.

Do people in the know think Spring will bring a good deal more inventory?

We are looking in Cleveland Park, Woodley Park, Georgetown, Wesley Heights and Kent.