Waiting and wondering have been the game over the past several months, when we talk about the real estate market. During my open house this weekend, one of many around town, I did not have to wait. It was a very active open house. The most active that I have seen since Spring 2017, the time marked as ‘insanely crazy’ by most of us.
Does that mean that that past market is coming back? Nay, I think that we are more at a balanced state. Sellers are more in line with the market’s expectations and potential buyers are seeing the shift. BUT, the smart potential buyer will want to get into the swing of things very soon or they will miss out again.
We are now at the cusp... Sellers are negotiable but at a point, they will make the decision that it isn’t worth the effort and good, quality properties will drop off, and buyers wanting the quality will be left frustrated once again.
Get out, get qualified, and get into the search. For those wanting to alter their existing lifestyle, get your properties evaluated, they are your best financial power and yes, most Sellers too have to buy, so they are willing to work with buyers who have properties to seller. A win-win for all sides and a situation that worked well right up to 2012 and is back by popular demand.