Falling Leaves, Falling Prices II

The house located at 8300 Hartford Avenue in Silver Spring, MD ( DC suburb) has still not sold. I blogged about it on October 9th. Then it was listed for 599K; now it has been reduced to 579K.

Its competition is another house just up the block on Hartford Avenue ( 8406). The house was originally listed for 679K; then reduced to 649K, then 629K, and now 599K. See my blog post about 8406 Hartford Avenue.

Leaves are falling,
Prices are falling.
Buyer are baiting,
Sellers are waiting;
Sales are stalling.