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Are houses in your area still selling really quickly?

Asked by jca2 (16296points) September 2nd, 2023

A friend listed her house about 12 days ago and they only had four people come look at it, through the realtor. They dropped the price from about 570 to 559 during that time (4 bedrooms, 2½ baths, big yard, fireplace, mudroom, etc.).

I know mortgage rates are the highest they’ve been in two decades, although my friend points out that rates are lower than when they bought the house about 30-something years ago.

I am theorizing that the real estate photos show my friend’s “grandma” style of decorating, although I am not saying that to her. I did say I think they should have put some new, white comforters on the beds and some new, fresh towels in the bathrooms, for the photos. I also suggested they take up the big Oriental rug to brighten the living room, and move a love seat, and they did, but they did it after the photos were taken.

They couldn’t list it until toward the end of summer because they’re having another house built elsewhere and they didn’t want to be homeless, if one house sold and the new one wasn’t built yet.

Just wondering how sales are going in your area.

I won’t link her listing, but if anybody wants to see it I will send you the link in a message. The decor is old fashioned/Victorian/grandma.

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