Sold for $1.4m. $500k over ask.
Were we just a year early? Looks like housing inventory has gone up finally. Of course, interest rates are a big culprit too.
Lol, the same topic happens every year once peak season passes and the low-quality inventory has price reductions.
Hope you are right!! Feels different this time though (as usual)
In the same vein, we havenāt heard things like low-quality inventory or 20% price drops in the last 1.5 years.
Nationally, builders are rushing to reduce prices of their new construction, still plenty of profit, in anticipation of lower cost of materials eg. lumber and copper.
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Do you have this year?
House prices peak in Apr-May instead of usual Jul-Aug.
I havenāt looked at this year, but we see the same every year. I think the best time to list is April.
Best list time is the week after Super Bowl