10-12%?
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Very interested to know. There is a myth of “lack of inventory” or “lack of sellers” in the housing market. My guess is that this is temporary and there will be a surge in listings, while at the same time a lack of buyers due to financial strain and not qualifying for a loan.
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Probably around 10%. I'm guessing the main reason the percentage is higher now is that most people aren't tied to their jobs anymore - It's a great time to make a change!
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For a fair comparison it'd be good if we knew the breakdown pre-Covid. That said, it does seem quite high.
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We already made the move from DC to Raleigh. Twice as much house for same money. Closer to family. We both work remotely so nothing was keeping us physically in DC.
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Should also note that we had someone basically knock on our door and say they’d buy our townhouse bc real estate was white hot in April. Sold the place in 48 hours with multiple bids.
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woah, that's crazy!
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If you don’t sell those leads to a national moving company, re broker, and insurance co!
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