Movin' on up in the Seattle area

[Markor]

[Markor]

[DrShort]

An update...

I put my house on the market and it sold within a day at full price (Greenlake area). I've decided to rent for a bit and check out the market next spring. I must admit, despite my pessimism about the current housing market, there was a lot of interest in my "charming old house".

[Markor]

Congrats, DrShort!

[cynic]

Congrats, but don't count your chickens. I recently went through a similar situation, except that I bought first(a great house for a good price, don't feel bad about that at all). Then I priced my old home right and sold it in 6 days (in March). All inspections went through without a hitch, but financing fell through. Back on the market she went. . .and still is.

[Civil Servant]

Regarding selling at full price and within a day: this isn't a probative metric. Especially with so many sellers and real-estate agents seemingly either in denial about the state of the market or slow to adapt to it, one can find similar properties in the same neighborhood priced with a hilarious degree of divergence. This differential will drive buyers even faster to the less expensive option. Something that is priced at the current market-clearing point *should* sell right away.

That said, yes, congrats to DrShort and his/her savvy agent.