Neighborhoods change...make sure you pick an area based on where it is and where it’s headed vs. where it was or lagging perceptions.

The big market in DC (city not area) are young childless professionals who are more than willing to spend 1/2 their income (and maybe a bit of their parent's income) on housing.Also the perception of crime is more important than actual numbers.

So even for an owner carry situation where she would have to recapture same year it's probably not as much a game changer as her perception of it.

Account Closed,Yes, some home-owners may have had bad experiences with agents, but if you stay extremely nice and respond quick you can change their perception of agents.

(For right or wrong, I have this perception that most properties have an intrinsic max.

This gives the perception of fairness and allows them to adjust the mil rate to raise or (rarely) lower the taxes.

It’s kind of a known within the field to let it be and not mess with public perception.

They don’t care what the perception of them is.

yes, the realtor not taking you seriously due to their perception of you not being a serious buyer is a real risk.

In fact I don't think a crash is on the horizon.However, everybody that buys based on their perception of ever increasing values instead of cash flow might want to rethink their strategy.