Yes (in some places)
No (in some places)
Kind of (in some places). So a meaningless question with no location
In my neighborhood the reasonably priced stuff just got snatched up, but the overpriced homes that need some work are sitting. That said I get the feeling a lot of people are sitting on them waiting for a drop, which might cause some bidding wars.
I’ve always wondered, if 10 people want a home at 500k, multiple people want it at 525k and nobody wants it at 550k how exactly that tends to work out
Both_Experience8632 on
This is definitely location based, but here in the Annapolis Maryland area we are seeing a strong sellers’ market if the house is priced appropriately and in good condition.
Longjumping-Egg-7705 on
Northern MD is a HOT sellers market – everything desirable gone opening weekend
Small-Salamander5662 on
West of Milwaukee. Seems like it’s slowing down quick for 500-600k houses. It’s either going to sell in a day at ask or sit and lower price. I know alot goes into it. But I feel like the ppl that want 500s can’t afford it and the ones that can afford it want something bigger or more expensive
5 Comments
Location?
Yes (in some places)
No (in some places)
Kind of (in some places). So a meaningless question with no location
In my neighborhood the reasonably priced stuff just got snatched up, but the overpriced homes that need some work are sitting. That said I get the feeling a lot of people are sitting on them waiting for a drop, which might cause some bidding wars.
I’ve always wondered, if 10 people want a home at 500k, multiple people want it at 525k and nobody wants it at 550k how exactly that tends to work out
This is definitely location based, but here in the Annapolis Maryland area we are seeing a strong sellers’ market if the house is priced appropriately and in good condition.
Northern MD is a HOT sellers market – everything desirable gone opening weekend
West of Milwaukee. Seems like it’s slowing down quick for 500-600k houses. It’s either going to sell in a day at ask or sit and lower price. I know alot goes into it. But I feel like the ppl that want 500s can’t afford it and the ones that can afford it want something bigger or more expensive