I just want to point it out that the bidding war is back in BRK (Bellevue, Redmond , Kirkland) sfh and the open houses are PACKED with families looking to buy. There has been multiple 100k over asking. Just a public service announcement, if you are looking to buy DON’T WAIT! Just do it. TC 170k L4 SDE Trust fund: 60 MM
Overpaid you house and now want to raise the prices by getting people start buying again?
My house is 6 MM. I don’t plan on selling anytime soon.
Sure it is. Someone that can truly afford a $6m house (not with $170k TC) is not posting shit like this on Blind.
Lol
Public service announcement = I bought in 2022.
Can confirm the same in South Bay! Houses are gone with multiple offer over bidding. I think people lost hope and stopped waiting on the sidelines
Yeah I would say so.
Don’t believe? Check Zillow https://www.zillow.com/san-jose-ca/sold/ https://www.zillow.com/sunnyvale-ca/sold/
Exactly!
San Jose average price was $1.5M. Now it is $1.1M. It still seems to be trending down. https://www.redfin.com/city/17420/CA/San-Jose/housing-market
Lol meanwhile the house across the street from me in Redmond has been on the market for 2+ months. The owner has had to repeatedly drop his $1.5M asking price. I’ve seen maybe 1-2 viewers per week.
Probably really bad location ?
I’m seeing a lot of homes in North Seattle suburbs going pending very quickly as well…
Much more so in Bellevue
True, Bothell and Everett are the hot favs
People need to understand trend lines. Housing is trending down, that’s for sure. During this trend, there will be a few weeks or a month where you might feel things have changed, but the long term trend is still down. It does not mean that the trend is reversed.
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BRK?