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  #1  
Old 04-28-2020, 06:42 PM
somewhere somewhere is offline
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Default Have you noticed more properties being listed on your MLS

So I basically visit RedFin everyday, and I have noticed that more properties have appeared in the area that I look at in the past month than in previous months.

Are you noticing the same thing?

If so, does this mean that prices are about to crash?
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  #2  
Old 04-28-2020, 07:02 PM
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Maphisto's Sidekick Maphisto's Sidekick is offline
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Originally Posted by somewhere View Post
So I basically visit RedFin everyday, and I have noticed that more properties have appeared in the area that I look at in the past month than in previous months.

Are you noticing the same thing?

If so, does this mean that prices are about to crash?
It could also be a sign that for a nontrivial portion of the population, there is a bias against relocating during the school year.
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Old 04-28-2020, 08:01 PM
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It could also be a sign that for a nontrivial portion of the population, there is a bias against relocating during the school year.
I don't get it. How is that related?
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Old 04-28-2020, 08:43 PM
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Originally Posted by Maphisto's Sidekick View Post
It could also be a sign that for a nontrivial portion of the population, there is a bias against relocating during the school year.
Yup. It's spring.
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Old 04-28-2020, 10:07 PM
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George Frankly George Frankly is offline
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Yup. It's spring.
Yeah, we are about to list our house now, for this very reason. Now if only there were more homes on the market where we’re moving... would be nice.
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Old 04-28-2020, 11:21 PM
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King of the North King of the North is offline
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It’s a buyer’s market atm
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  #7  
Old 04-28-2020, 11:24 PM
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Yup. It's spring.
Yup

Every spring this happens.
Even more pronounced in regions that experience winter.
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Old 04-29-2020, 01:08 AM
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I don't get it. How is that related?
Families that are relocating tend to be reluctant to do so during the school year, as the potential for changing schools mid-year is seen as disruptive to the kids.

That, plus a tendency for houses/real estate to be seen as more aesthetically pleasing (non-dormant grass; no leaves on the ground in areas where leaves are a factor, no reminder of the potential magnitude of snow removal / or dirty stale snow detracting from curb appeal in areas where snow is on the ground for much of the winter; etc.) in late spring and summer can cause there to be a distinct "season" for real estate sales.

That season is approaching; therefore, even in "the old normal" you would expect to see an increase of listings on MLS around this time of year, especially in places that usually have a winter or that don't qualify as "boom towns".
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Old 04-29-2020, 07:02 AM
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MLS? You mean the DC United ? What properties? The property they play soccer on is navy yard
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  #10  
Old 04-29-2020, 08:14 AM
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It’s a buyer’s market atm
I don't know about you man, but I wouldn't pay for that.
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