A buyers’ market! Something new for all of us realtors, after so many years of a sellers’ market, with prices going up day after day, bidding wars for each decent property.
Now buyers have plenty of choices, numerous properties for sale, houses as well as condos, and mortgage rates are coming down. Sellers have to admit the new reality that their house is not worth as much as they thought. Prices are kind of flat, or lower than last year.
But experiences realtors kept busy through the year. There are people who need to move, or sell the home of a deceased relative, and there are always people in need of buying a home. What counts is this: the people, the sellers and the buyers, how we can help you, practically and emotionally to go through this journey.