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Old 09-11-2022, 06:21 PM
 
2 posts, read 1,289 times
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I was wondering if anyone has been active in the market looking to buy and/or sell since mid-August to now - what are you seeing as far as offers/demand goes? Can't exactly trust the real estate agents as they have incentive to try and push for higher prices.

I am noticing price drops on listings here and there. It's something you just wouldn't see at all over the past 2 years. In fact you'd most likely have to bid over ask for any chance. Is that still happening now?

In my case I'd need to sell to buy, so my expectations would at least slightly softer demand/pricing on both ends - just started my search about a week ago. With interests rates reaching levels not seen in a decade, hoping it's driving away demand and keeping a ceiling on the pricing. Am I being overly optimistic and we aren't quite there yet?
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Old 09-12-2022, 08:46 PM
 
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There's already a real estate thread. I offered 25k over asking for a condo two weeks ago and got outbid. So I don't think the market has cooled much around here.
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