Are houses in your area still selling really quickly?

Two condos in the same building around the corner both sold the first weekend they were shown. But I don’t loow how much they went for. There is not much inventory around here.

I am constantly getting lowball offers on my house – insulting and stupidly low, because they are far below market value.

Nothing is selling around here. For Sale signs have been on some houses for six months or more. And this is in Atlanta, which had a red-hot housing market until a year or so ago.

The problem, from what I gather, is mortgage rates. No one can seriously afford 7.25% these days.

Heck, I would sell tomorrow for the right price, but then I would need to do a mortgage at some ridiculous mortgage interest percent, and it’s not worth it. (I have a 3.25% mortgage right now, and I intend to keep it.)

I think it has slowed down in my area. Most houses, no matter what they looked like, sold within hours, or just a few days just six months ago. I noticed a house down the street from me went up about a month ago. 4 beds, 3 baths, ½ acre of flat yard. It went up at 264,000 and after 2 weeks they lowered it to 250,000. It’s still for sale.
I looked at the pics on line and it’s empty, so I feel they really need to sell it, but don’t know their situation.

Houses are still selling quickly here. There is a housing shortage and traditionally this area is one of the lowest price markets. You get a lot of house for your money here. (Suburbs of Rochester.)

But, it’s in the snow belt.

It is starting to slow down here, which is a relief. It was so crazy for awhile!

seems to be slowing down, but there are so many new constructions its hard to tell.

Hard for me to tell. It has been super-crazy for the last few years with mostly rich buyers paying cash so I don’t know that the mortgage rates would affect them much. As of Labor Day, we will be a much quieter community for the winter.

My sister sold her house in Houston in 3–4 weeks. Got a nibble on the first weekend shown. That’s pretty darned quick! 2,558 sq ft, 4 beds, 2.5 baths, built in 1978, 0.34 acre lot with mature trees. approx 340,000.

My nephew has his up for sale, we’ll see how long it goes. His wife set it up and it looks like a professional staging. 5,072 sq ft, lot 12,000 sq ft, pool, 4 beds, 4 baths, built in 1993, asking 650,000. 17 days on market so far.

Yes, except for one up the street that’s asking for $1.5 million. This is not a million+ neighborhood.

House goes up for sale, gone in a day. 50 year old houses that sold for less than 200K six years ago, are going for 450–500K now.

I don’t know how y’all are doing but inflation has taken a toll on us. We count every dollar now and I have never had to do that until this year.

It’s slowing down, but not slow. People do seem reluctant to pay crazy high prices, so I am seeing more price reductions, but prices are still highish.

Houses here sell quickly with multiple offers and it’s not letting up. For sale signs often have “pending offer” listed within the first week.

Our city is always listed as one of the best cities to live in for various reasons and our supply can’t keep up with the demand.

Absolutely on fire here. It’s almost impossible to live even close to Charleston anyway. It’s like three times the rent!.. Same place…
By my old house, my neighbor’s wooden house built in 1941sold for $350k like four years ago. I know the lot was in a great location, but a 100 year old, wooden, one bedroom house, for that money?
It’ll all be under water in 50 years anyways…...

They can’t stop making giant apartments, and condominiums.
Most people who are “natives,” spend over 80% of their income on rent. That’s not sustainable…
AND there’s a flooding problem… People don’t care…