The Shift Is Happening

The Shift Is Happening

Wow - here we are again... another Shift!!!  Some areas are getting hit pretty hard with some extreme drops in prices....  Has it become a buyers market... NOT quite yet!!! 

We are still seeing a slight sellers market, however with the rising inventory levels.... Sellers need to come back to reality and start pricing their homes more comptetively.  We are still seeing an abundance of overpriced homes in the valley.  Hopefully the listing agents out there counsel their sellers to get their homes priced more effectively.

approx 6700 single family homes are on the market today.... WOW - remember when it was only 3000. 

Why the shift!!!!  rising inv levels, over priced homes, investor pull out (good rate of return gone)...  We are seeing more buyer acceptances and having a rockin month so far in sales.

If you are a seller considering selling... Dont chase the market - There are still motivated buyers out there that need to buy homes here !!!

If you are a buyer - now is the time to buy!!!  regardless of cash or loan!!!

Stay tuned!!!!





Ivy Beller Headshot
Author:
Phone: 702-526-2298
Dated: October 12th 2013
Views: 3,994
About Ivy: Over 17 years experience in residential sales, land, multifamily and commercial. Director of sales ...

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