CherryGaru Posted April 20 Report Share Posted April 20 13014 Grey Friars Pl, Herndon, VA 20171 | MLS# VAFX2168104 | Redfin 1.2 million ki pedithe , 1.37 million ki sold ------- Tax Assessed Value: $1,149,860 Tax Year: 2023 ---- Mar 29, 2024 Date Sold (MLS) (Closed) BRIGHT MLS #VAFX2168104 $1,370,000 Price Mar 16, 2024 Date Pending BRIGHT MLS #VAFX2168104 — Price Mar 15, 2024 Date Listed (Active) BRIGHT MLS #VAFX2168104 $1,200,000 Price Mar 14, 2024 Date Coming Soon BRIGHT MLS #VAFX2168104 $1,200,000 Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted April 20 Report Share Posted April 20 11 hours ago, Sonu_Patel said: With the recent trends in residential real estate market, there are lots of Indicators indicating the Bubble to pop any time soon. Drop in Sales YOY High interest rate High inflation Low earnings Affordability Spiking delinquency Roll off's/ Reduction in Force from Companies Recent home buyers with Lack of Financial Education Here are some of the Strategies that Real Estate Agents and Builders will implement to get you into the BUBBLE before the POP Strategies Implemented for the Seller's Benefit: - OPEN HOUSE Strategy: You will notice there will be bunch of OPEN houses on week ends to fish the bakra's. There could be multiple people attend the OPEN house to root a thought and force you to submit an offer. Ultimately, a case is built with multiple offers and create competition among potential home buyers. - Easy Loan approvals: Despite your spending/other expenses. the Lenders approve your loan application by taking your gross income into consideration. - Easy Lot Release/Easy Appointments: Builders will offer very good customer experience and follow up with you on the appointment schedule's. Strategies Implemented for Buyers Benefit: - Offer Incentives/Free options/upgrades: Sellers will start offering free Incentives/upgrades to attract Buyers. - Waive off LOT Premiums: sellers will waive off Lot premiums where the Inventory levels go high in the Median area. - Price Reductions: This is becoming possibility from Motivated home sellers and Supply demand equation. This summer season will be very Interesting because the Interest rates are all time high and only konedi mana desi santha. There has been a very inorganic growth in Residential Real Estate in the last 4 years.. Reventure gadi la ayipoyav anna.. Quote Link to comment Share on other sites More sharing options...
CherryGaru Posted April 20 Report Share Posted April 20 7 hours ago, LadiesTailor said: I don’t know what you talking about but maa area (VA) lo bidding wars kooda avuthunnayu… don’t know what to believe You are right,, see the examples above 1 Quote Link to comment Share on other sites More sharing options...
PaulWoodard Posted May 7 Report Share Posted May 7 The whole "bunch of open houses" tactic can definitely create that sense of urgency, almost like a FOMO (fear of missing out) situation. Sure, it's convenient, but it can also lead folks to bite off more than they can chew financially. On the buyer side, those incentives and price reductions might look tempting, but it's essential to tread carefully. Sometimes, what seems like a great deal upfront can turn into a headache down the road. As for the link https://meine-renditeimmobilie.de/en/increase-in-real-estate-value/ about the increase in real estate value, it's interesting to see the numbers, I think it's crucial to take them with a grain of salt. Real estate markets can be unpredictable, and past performance doesn't always guarantee future results, right? Quote Link to comment Share on other sites More sharing options...
Ronnyvagh Posted May 14 Report Share Posted May 14 I appreciate your concern about the housing market. Indeed, there's always some uncertainty, but let's not jump to conclusions too quickly. Instead of worrying about a bubble popping, let's focus on selling solution. One way to navigate potential changes in the market is by staying informed and working with experienced real estate professionals. They can help you make smart decisions whether you're buying, selling, or investing. Remember, every market has its ups and downs, but with the right approach, you can still find success. Quote Link to comment Share on other sites More sharing options...
Nayakudu22 Posted May 14 Report Share Posted May 14 You are repeating the same story for several months. Sellers are getting more than what they are asking in this market. Quote Link to comment Share on other sites More sharing options...
galiraju Posted May 14 Report Share Posted May 14 lol Soon anate entha soon....6 months 1 year? Quote Link to comment Share on other sites More sharing options...
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