The Washington, DC real estate market is changing.   Not in the way that anyone expects.   People remember the days of multiple contracts and giving up all the contingencies to get their contract through.   The frenzy is out there, but only for listings that are very attractively priced.   

Sometimes just waiting for the right buyer (and it could be a VERY long time) is a good strategy and will result in a price the market otherwise wouldn't bring.

The strategy depends on a lot of things: location, price, condition, ammenities, competition, marketing exposure, and cleanliness.   Working with an experienced agent, they can help you position your home for success.   

If you do everything right, and the market is not accepting your price, then you need to either wait, or find a price that the market will bring.

The market changes every day and buyers, sellers, agents, need to change with it.

Yvette Chisholm, Associate Broker, MD, DC, VAAlan Bruzee & Yvette Chisholm Alan Bruzee, Associate Broker, MD, DC, VA
Long & Foster Real Estate, Inc.
 Rockville/King Farm Office 301-548-9700
402 King Farm Blvd #150 Rockville, MD  20850

Telephone: 301-758-9500

www.BruzeeChisholm.com


 

3 Comments on The Market is Changing

MAY
11
2012
269,968 Points 15 Featured Posts Localism Sponsor Outside Blog Called Shot Master

The market does change all the time. You never know what is around a corner, that's for sure! I know our market seems to be picking up a lot.
5:49am • #1
MAY
12
2012
201,994 Points

 

The "Perfect Storm" in real estate with a combination of low home prices and low interest rates is coming to an end. The news, including today's Washington Post real estate section have been filled with articles about multiple offers and rising prices and rising interest rates will be coming soon. If you've been on the fence about buying a home now is the time to got off and get into the game.
6:59am • #2
MAY
16
2012
299,146 Points 21 Featured Posts Localism Sponsor

Great explanation of the market changes.  It does and can change within days around here.  In the last 6 months every transaction I have been involved in has been a multiple offer situation.  6 months prior there were zip, none, nada multiple offer situations.
4:12pm • #3


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Yvette Chisholm, Associate Broker - Rockville, MD 301-758-9500

Rockville, MD

More about me…

Long & Foster Real Estate, Inc.

Address: 402 King Farm Blvd #150, Rockville, MD, 20850

Office Phone: (301) 254-7800

Cell Phone: (301) 758-9500

Email Me

The real estate market, trends, the agents, what is hot and what is not - Rockville, Montgomery County, Maryland



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