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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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We no longer have the 30-40 offers over asking the first few days, but the houses here still sell in less than a week with multiple offers, and still a bit over asking. There just isn't much inventory with many retired people sitting tight and very few new homes, those starting at over $2 million.
Sluggish winter. Things should improve with summer coming. I would say recently it takes about a month for things to go pending here in my neighborhood.
Sluggish winter. Things should improve with summer coming. I would say recently it takes about a month for things to go pending here in my neighborhood.
You would think with ALL the building going on all over the metro area, and FL in general, it would keep prices reasonable. But it doesn’t seem that way at all. There is so much inventory available in a variety of different housing. Lol, when you do a property search on a real estate site you’ll see something like “2132 homes available” until you really narrow it down via search filters.
You would think with ALL the building going on all over the metro area, and FL in general, it would keep prices reasonable. But it doesn’t seem that way at all. There is so much inventory available in a variety of different housing. Lol, when you do a property search on a real estate site you’ll see something like “2132 homes available” until you really narrow it down via search filters.
websites need to cut back on what's 'available'. Most are in contract for months already but show up as for sale.
In North Dallas it's still completely nuts. Basically, small houses in decent neighborhoods don't even go on the market; the real estate agents and builders have the whole thing completely locked up and those houses almost always sell to builders and no one knows about it till the dozers come to knock the house down and start the 6000SF McMansion.
The Greater Boston market is still red hot. There is a small supply of new construction in my town. Perhaps about 30 homes a year that are tear-downs.
The price is between 2.5 million & 3 million dollars for most of them.
The town I live in is upper middle class, but by no means is it a top-tier town like Lexington, Brookline, or any of the famous greater Boston W towns like Wellesley.
It is mostly unaffordable for people of even solid incomes to buy in this area any longer.
We are moving to Boston this summer for work and I've been watching the metro west neighborhoods and Hingham pretty closely for the last 60 days. Lots of new inventory and a lot of price reductions in the $2.5M+. Things that were out of reach when we started looking are now within budget BUT... I'm coming from a Wellesley type neighborhood just north of Orlando and we are seeing a slow down in the same price range.
Still half of the closing over $2M are in cash so you can't just blame the interest rates. Just a strange (possibly more normal?) time in real estate.
websites need to cut back on what's 'available'. Most are in contract for months already but show up as for sale.
Most of the big ones(Zillow,Realtor, etc)allow you to filter out pending, under contract, contingent, etc…
The new really friggin annoying trend is the listings that say “contact for price”, mostly by builders/developers, but they clog up the listings when you do a search because they show up no matter what price range you put in.
Most of the big ones(Zillow,Realtor, etc)allow you to filter out pending, under contract, contingent, etc…
The new really friggin annoying trend is the listings that say “contact for price”, mostly by builders/developers, but they clog up the listings when you do a search because they show up no matter what price range you put in.
I am not searching any site that shows 'contact for price'. Nope.
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