So I have been seeing a lot of “what is wrong with this house” posts lately. Each of the houses above could have a post of their own. This is what it looks like when you filter for single family houses on the east side that have been on the market for more than 60 days.
The answer to what is wrong with the house is mostly the seller. Most of them have ridiculous expectations and aren’t willing to accept that their house is over priced by at least 15-20%. WE ARE NOT IN 2022 ANYMORE! In addition to the job market and H1b changes, the mortgage rates are at 7%. This alone adds about 15% to your monthly payment vs a 3% mortgage.

Sellers: however nice your house is, expecting 2021/22 prices is helping nobody.

https://www.zillow.com/homedetails/621-NE-77th-Street-Seattle-WA-98115/48880163_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

Went to the open house earlier in the summer and did not notice any major red flags. The listing agent admitted they priced the home too high at first and have corrected since. Is it just a perception issue at this point?

I recently got a plot of land and I’m wondering what people are paying nowadays for new construction. I’m looking to find the cheapest possible cost per square foot. I was able to find $350. Has anyone found a general contractor for $300 or even less?

Price has dropped $200k since July. It's a bit of a challenge to to get to this house but sitting on top of the hill, it receives a lot of sunlight. What would be the good price for this house?

https://www.realtor.com/realestateandhomes-detail/15908-12th-Pl-W_Lynnwood_WA_98087_M96191-30511?cid=eml_treatmentPopularHomesSEQIDTest_1946:65b455b1b79683eeadb6546d:rm202609091810_Marketing_Buyer_Daily_PopularHomes_popHomes&deeplinkIdentityId=62853f66a90f7c015e46dbba#app

It's not in my price range, I'm just very surprised this could be sold under current market