I find Seller's panicking in this market.  I am here to say "The market has not crashed, it is just returning to normal!"  Over the past 5 years, homes slowly escalated into unaffordable retreats that were purchased by Buyers who felt it necessary to overpay and "WIN" the bidding war.  But, truthfully...What did they "WIN"? 

Some, not all,  are now the proud owners of homes in dire need of new roofs, new windows, new doors, new furnaces, new kitchens and baths.  These homes were purchased for TOP DOLLAR.  Now, the market is returning to "normal" and these previously purchased homes aren't even worth  what they were purchased for 2-3 years earlier.  That doesn't even take into account the numerous homeowners who fell victim to predatory lenders and are now being shocked by the dollar amount of their newly adjusted mortgage payment.  It is frightening at how many people fell victim to it. 

I have many Seller's thinking something is wrong with their home.  Or, are unhappy that their homes are sitting in this market.  And some even question my ability as a REALTOR.  I am here to say that the market is returning to normal.  And by normal I mean...it is normal to have your home on the market 6-9 months. It is normal to have many offers, many that will be absolutely unacceptable. It is normal to have sporadic intervals of showings, especially as we approach the holiday season.  The media has scared many potential Buyers and Sellers.  BUT, people will ALWAYS BUY AND SELL HOUSES!  Even when interest rates were 18%, people still bought and sold.  What matters?  Your monthly payment.  Make sure you have an affordable monthly payment, a reputable lender, and an experienced REALTOR in your corner...and this market can work to your advantage.  After all...the inventory is VERY HIGH.  It is a great time to be either a BUYER or SELLER!   

 DON"T BE SCARED!