Let this be a lesson to buy new instead of creating one of those shitastic add-ons that look like I could have done it myself (which would be a scary thought). We have passed on just about every house in that range because the people before them could so obviously barely afford the neighborhood. And this isn't just Arlington - its McLean and Bethesda too. They have to be bringing down the neighborhood. I am sure they fight their tax bill just to not have to move. Its so obvious. Not every new house is a mcmansion, so that is what we are trying for.

Good, prices need to be at least 20% higher sick of being under water

And now this thread becomes about arlington. Op isn't even looking in that area. Jesus you people.

I think everyone looking in Arlington is looking for under $900k. Those open houses are slammed. We went to some $1.1 - $1.2mil open houses this weekend (to see the homes in case they drop in price later in the season) and the open houses were dead. Same few couples at every house and lots and lots of neighbors scoping it out to see if they could also sell their small, somewhat renovated, weird layout, child unfriendly home for millions. I'm getting discouraged and not looking forward to having to make a split-second decision on whether to buy a $900k home before someone else nabs it. DH is also not into dropping that much cash without lots of research and deliberation, which you don't have time for in this market once you find a house. Argh.

We are looking in Arlington for under $900k. Anyone selling soon? Pretty please?

Anonymous wrote:

Anonymous wrote:We have a house soon for sale that will go in a minute. But nothing for us worth buying, so here we will stay

this was us last year.

we refused to sell our house until we found a new one. we made offers on homes that had a home-sale contingency. the real estate agents were horrified but it worked out well for us.

How did you work your contingency? Did you put in a time limit? We're in a similar position, but I'm leery of putting a contingency in an offer in a market where things are tight and moving fast if the house is good.

Anonymous wrote:We have a house soon for sale that will go in a minute. But nothing for us worth buying, so here we will stay

this was us last year.

we refused to sell our house until we found a new one. we made offers on homes that had a home-sale contingency. the real estate agents were horrified but it worked out well for us.

We have a house soon for sale that will go in a minute. But nothing for us worth buying, so here we will stay

SFH under $1m are moving fast (2 weeks or less under contract) in Bethesda.
Other priced homes are languishing (agree with OP, overpriced or repair issues).

Anonymous wrote:I'm looking in Arlington, and experiencing the same thing! SO frustrating! To those of you whose realtors have said that there will be many houses on the market in late Feb/March, did your realtors give any explanation?

Yes. They said, "I was wrong."

I'm looking in Arlington, and experiencing the same thing! SO frustrating! To those of you whose realtors have said that there will be many houses on the market in late Feb/March, did your realtors give any explanation?

You should wait for those non-overpriced houses with nothing wrong with them. Should be coming on the market, oh, any minute now.

And a minute later, they'll be under contract.

Low inventory makes it a sellers market. Better be ready to compete for the little supply that is out there...

Anonymous wrote:Count us in too. Looking in Bethesda. Inventory is so low.....

+1

Anonymous wrote:We are looking, and there's NOTHING on the market in our area except overpriced houses or properties with huge problems.

I think prices are really low, and sellers don't want to sell unless they absolutely need to, or are moving up to a larger house.

In our urban area, any good, well-priced house is snapped up, so there's nothing much available now.

We've been waiting and waiting for the spring market to break, but it's not happening. The realtors keep telling us there will be "lots" of houses in the market at the end of February, early March, but that has not happened yet.

You should wait for those non-overpriced houses with nothing wrong with them. Should be coming on the market, oh, any minute now.