Despite really low interest rates it seems that we’re seeing more “still on the market” after six months than we did say a year ago. Also more seem to be selling only after price drops. Given that asks are astronomical this isn’t surprising but it felt like everything was getting it’s astronomical ask not that long ago. Anecdotal observation for sure and it may not hold for condos but it seems that the house market has cooled a touch.
Yeah apartments still seem to be following the previous closings upward, but it does seem that there’s been *some* slowdown in overreaching home prices.
According to Zillow 453 Henry Street sold in August for $2,100,000
Despite really low interest rates it seems that we’re seeing more “still on the market” after six months than we did say a year ago. Also more seem to be selling only after price drops. Given that asks are astronomical this isn’t surprising but it felt like everything was getting it’s astronomical ask not that long ago. Anecdotal observation for sure and it may not hold for condos but it seems that the house market has cooled a touch.
Yeah apartments still seem to be following the previous closings upward, but it does seem that there’s been *some* slowdown in overreaching home prices.