Everyone has been waiting for rock bottom. The perception of the housing market in the Tampa Bay are has been gloom and doom for more than a few years now. I have noticed that in the last few weeks though a lot of offers are being accepted over listing price. The ability to get a "better" price than what is listed is starting to change. In the last two weeks I have had to explain to perspective buyers that the notion of underbidding on properties because "this it is a buyers" may be a thing of the past. The education process is similar to that of learning to ride a bike for the first time. Some time you have to fall a few times before you get the hang of it. And unfortunatley buyers who lose a property they really wanted because they think they can get it for a steal for 10% less than listed price are learning the hard way. I have always given my professional opinion but not getting your "dream" home because someone paid 10% more than you where willing to has as much of an influence than a skinned knee falling off your bike the first time.
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