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Home sellers have to lower their expectations in 2019, a lot, Redfin predicts. https://komonews.com/news/local/seattle-housing-market-to-cool-off-big-time-redfin-predicts
Really? Good houses are sold almost instantly even now. And higher than their asking price.
Article isnt saying prices will drop, just that the predicted price growth will slow to only 3%
Questioning this article but yes the real estate market is normalizing ie some bidding on good houses and price drops on bad houses and average houses sitting on the market for a few months.
Well there is a recession, and Seattle is notoriously boom bust. Water is wet grass is green
Please enlighten us on what a recession means and how we have hit 2 consecutive quarters of negative economic growth
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Really? Good houses are sold almost instantly even now. And higher than their asking price.
Article isnt saying prices will drop, just that the predicted price growth will slow to only 3%
Questioning this article but yes the real estate market is normalizing ie some bidding on good houses and price drops on bad houses and average houses sitting on the market for a few months.