tag:blogger.com,1999:blog-8617217.post4890378254744059260..comments2023-10-25T11:09:12.404-04:00Comments on <a href="http://realestateology.org">RealEstateology.org</a>: Home Sellers Market Returns in D.C.Anthony Carr, Realtorhttp://www.blogger.com/profile/03241999407770147362noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-8617217.post-31239766885003677602009-05-21T11:14:17.347-04:002009-05-21T11:14:17.347-04:00Congrtulations Steve! But look at your posting -- ...Congrtulations Steve! But look at your posting -- you just bid up $30,000, but you didn't mention how many contract offers you were up against. That, my friend, is a sellers' market.Anthony Carr, Realtorhttps://www.blogger.com/profile/03241999407770147362noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-52026944774843449772009-05-20T23:33:58.473-04:002009-05-20T23:33:58.473-04:00Don't count out FHA buyers. I viewed a property wi...Don't count out FHA buyers. I viewed a property within 24 hours of it listing, got the first contract in on the property, bidding slightly more than $30,000 over list, that evening, requested a decision by the seller the following day by noon which ended up working out despite a weaker FHA offer coming in and a cash offer that decided to go with short sale property, ratified our contract by noon Stephenhttps://www.blogger.com/profile/13807644026771548585noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-20103484762002602382009-04-19T19:27:00.000-04:002009-04-19T19:27:00.000-04:00It seems to me that your market is hitting a slow ...It seems to me that your market is hitting a slow bottom. Not a rough decline as in the speculative markets of Southern California, Florida, Nevada, and Arizona. Those markets came down hard as much as 60% and now are on fire with sales. I think the other less speculative markets are going to take all year to roll out in a slow move to consolidate and grow again 2010 in a normal way. We are see Richard Stabile Bergen County Real Estatehttp://newhomesbyrichard.comnoreply@blogger.comtag:blogger.com,1999:blog-8617217.post-91243834800454314812009-04-18T09:26:00.000-04:002009-04-18T09:26:00.000-04:00I guess the $8,000 dollar tax credit will cushion ...I guess the $8,000 dollar tax credit will cushion the loss if the bottom of the market hasn't been reached!CityKidhttp://citykid.tel/noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-21924625607848815012009-04-08T14:08:00.000-04:002009-04-08T14:08:00.000-04:00The thing with FHA, and the reason they're getting...The thing with FHA, and the reason they're getting turned down now, is not the appraisal contingency but the inspection contingency, which is more stringent than the usual one and requires live-in condition before closing (unless you get the rehab loan). <BR/><BR/>Appraisal contingency or not, there will always be a finance contingency unless we're talking about cash buyers here.<BR/><BR/>carahttps://www.blogger.com/profile/05451759446867954599noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-33996268819970074632009-04-08T13:49:00.000-04:002009-04-08T13:49:00.000-04:00Homes in the under $400K range are already startin...Homes in the under $400K range are already starting to sell for thousands more. Obviously, they are foreclosures or short sales. The only thing holding them down now are the appraisers. Without a bank-approved appraisal, many of the buyers will not be able to buy, and thus the houses won't sell.<BR/><BR/>As REAL sellers get on the market, they will bring their cash to the table -- $50,000; $Anthony Carr, Realtorhttps://www.blogger.com/profile/03241999407770147362noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-30710662073444272952009-04-07T18:17:00.000-04:002009-04-07T18:17:00.000-04:00Mr. Carr,Why will prices escalate out of control?Mr. Carr,<BR/><BR/>Why will prices escalate out of control?Sidurihttps://www.blogger.com/profile/02047814803514357292noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-41751194275268078852009-04-07T17:05:00.000-04:002009-04-07T17:05:00.000-04:00This comment has been removed by a blog administrator.carahttps://www.blogger.com/profile/05451759446867954599noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-21615356535655689882009-04-07T17:02:00.000-04:002009-04-07T17:02:00.000-04:00Now's the best time to sell IF you have enough equ...Now's the best time to sell IF you have enough equity to make the move up, over or down. For homeowners in the $400,000 and under, it will be a quick sale; and then there's plenty of inventory over $400,000.<BR/><BR/>If you're local - let me know if I can help.Anthony Carr, Realtorhttps://www.blogger.com/profile/03241999407770147362noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-11065172317776275062009-04-07T16:49:00.000-04:002009-04-07T16:49:00.000-04:00So now's the best time to sell?So now's the best time to sell?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8617217.post-44549357897462210742009-04-07T11:35:00.000-04:002009-04-07T11:35:00.000-04:00ah,that explains it. Haven't you noticed that pend...ah,<BR/>that explains it. Haven't you noticed that pendings now take 2 months or longer to close? and that at least of third of contingencies fall back out to become active listings again? This is not a normal market. That has to be taken into account when using typical market stats.carahttps://www.blogger.com/profile/05451759446867954599noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-1722613679593584932009-04-07T07:46:00.000-04:002009-04-07T07:46:00.000-04:00You're mistakenly using sales divided into invento...You're mistakenly using sales divided into inventory. To determine the rate of absorption, you must use "pending sales" vs. inventory. The rate by which consumers are writing contracts is how you determine the months' supply. Also - I'm a member of MRIS and have access to the live data without having to wait for the tables created 10 days later.<BR/><BR/>In February 2009 there were 1,433 pendingsAnthony Carr, Realtorhttps://www.blogger.com/profile/03241999407770147362noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-21085591255021644822009-03-30T09:37:00.000-04:002009-03-30T09:37:00.000-04:00tony: what is your view on the rental market? in N...tony: what is your view on the rental market? in Nova? dmdave meyershttps://www.blogger.com/profile/17294431888479281624noreply@blogger.comtag:blogger.com,1999:blog-8617217.post-90557686660173522142009-03-27T18:12:00.000-04:002009-03-27T18:12:00.000-04:00Thanks for the info Anthony. Sharon WebbThanks for the info Anthony. <BR/>Sharon WebbSharon Macnoreply@blogger.com