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Old 01-04-2017, 04:55 PM   #45
tvp2003
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Quote:
Originally Posted by dubc80 View Post
I can add some personal experience to this thread.

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Our experience in 2016 was actually very similar to dubc80. We had a pretty good idea of what we were looking for (both location and house) and the "good stuff" would usually sell within days.

At the risk of generalizing, if you're buying a cookie cutter in the suburbs, or a condo with multiple units for sale in the same/neighboring building, you can be a little more patient because the demand is probably a little lower and the supply a little higher. But if there is something particular you are looking for, I would keep looking and jump if the opportunity presents itself (it's unclear whether the OP has been "watching the market" via what properties are listing for, or actively visiting/shopping for houses). This is especially true in the lower end of the market (i.e. sub $500k for a detached SFH) -- I'd expect to see less movement versus higher end stuff.

Quote:
Originally Posted by troutman View Post
Last month we saw some homes in NW communities like Tuscany sell quickly with multiple offers, and realizing close to or above list price.
Agreed. Without de-railing the thread, I've been told the housing market in Tuscany is pretty... unique.
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