Anonymous
Post 07/04/2025 16:01     Subject: Re:Are we officially past the dmv RE peak

I’d say so. After chasing the market for ages and losing lots of bidding wars, we were the sole bidder on a house in a competitive neighborhood that sold for less in 2025 (to us) than 2024.
Anonymous
Post 07/04/2025 08:45     Subject: Are we officially past the dmv RE peak

Anonymous wrote:
Anonymous wrote:We are past DMV peak for sure. I follow the market closely. There will be always some examples which will go against the trend, but over all we are past the peak for sure.


When was the peak?


Depending on area, I would say late 2023 - early 2024. Just overall my observation. I work in a title company.
Anonymous
Post 07/04/2025 08:32     Subject: Are we officially past the dmv RE peak

Anonymous wrote:We are past DMV peak for sure. I follow the market closely. There will be always some examples which will go against the trend, but over all we are past the peak for sure.


When was the peak?
Anonymous
Post 07/04/2025 08:13     Subject: Are we officially past the dmv RE peak

We are past DMV peak for sure. I follow the market closely. There will be always some examples which will go against the trend, but over all we are past the peak for sure.
Anonymous
Post 07/04/2025 08:12     Subject: Are we officially past the dmv RE peak

Drop in price is very common. Many sellers are still listing at peak prices and then it sits with multiple price cuts.
Anonymous
Post 07/04/2025 08:10     Subject: Are we officially past the dmv RE peak

Many houses are selling at 2022 level now and price trend is downward.
Anonymous
Post 07/04/2025 08:09     Subject: Are we officially past the dmv RE peak

Another Bethesda house. Listed below purchase price of


7909 Paloma Ct,
Bethesda, MD 20817

Last sold 2021 - 2.2M


Listed initially in 2025 - 2.43
Multiple price cut, and now below last sold price in 2021
Currently listed at 2.19M


Anonymous
Post 07/04/2025 08:04     Subject: Are we officially past the dmv RE peak

Bethesda house sold at a loss from 2022 purcahse price. 10024 Sinnott Dr


2022 price 1.86M

Sold 2025 - 1.82M
Anonymous
Post 07/04/2025 07:56     Subject: Are we officially past the dmv RE peak

Here's a Wootton HS house that has dropped their price twice. https://www.redfin.com/MD/Rockville/9504-Veirs-Dr-20850/home/10503742
Anonymous
Post 07/04/2025 07:38     Subject: Are we officially past the dmv RE peak

I think once telework comes back by end of fall we’ll see more price movement upward in the suburbs
Anonymous
Post 07/03/2025 21:30     Subject: Re:Are we officially past the dmv RE peak

It will be interesting because people have the come back to the office so that may outweigh layoffs. I do think feds as a group are thrifty so a lot of them are sitting on paid off houses.
Anonymous
Post 07/03/2025 21:03     Subject: Are we officially past the dmv RE peak

Anonymous wrote:There has not been a house for sale in my neighborhood since January. It is unreal.


There hasn't been one for sale in our affordable neighborhood (under 700k) since August of 2024.
Anonymous
Post 07/03/2025 20:05     Subject: Are we officially past the dmv RE peak

Anonymous wrote:
Anonymous wrote:Houses still getting bidding wars in my neighborhood. Some are simply more sight after than yours, OP.


The snarky DCUM ahole has joined the discussion. Why? Why? Why must you be such a sanctimonious jerk?


Not to worry -- she doesn't know the difference between "sight after" and "sought after."
Anonymous
Post 07/03/2025 19:36     Subject: Are we officially past the dmv RE peak

There has not been a house for sale in my neighborhood since January. It is unreal.
Anonymous
Post 07/03/2025 17:27     Subject: Are we officially past the dmv RE peak

It's probably just a correction. Congress just passed a lot of spending, doge is now faux pas, eventually people will be hired or rehired in the govt.