The Times They Are A'Changin'

Lise Howe  Good tips and you are riight the time they are a changing 

Thanks for sharing this insightful update, Lise Howe. I really appreciate how you emphasize that, in changing markets, negotiation is more important than ever—and having a good agent makes all the difference. Grateful for your tips and the encouragement to be confident in bargaining! 🏡🤝

Good evening Lise,

Great tips you have offered up to buyers! The real estate market is shifting and buyers you should be aware of what you can do but don't stall too long because you can loose a great house you want.

Lise, we are seeing a more balanced market as well, and seeing buyers asking for closing costs or buy-down costs.

Hello Lise Howe very valuable detailed report about times are changing. The housing market transitioning from sellers to buyers market.

There is no question that the market is in a shift, but with not enough inventory the prices are not collapsing.

Hi Lise- you are right...the times are changing. Buyers AND Sellers need to be aware of this. Buyers still need to act on a home they want but you've provided excellent tips. 

Lise, The key is staying informed, being prepared, and moving when the right home comes along. Now, waiting too long can mean missing out, especially when inventory is tight!

Good morning, Lise... great tips. I'm not seeing a ton of seller concessions here as yet if a home is priced properly. We are still in seller territory even if we do have more inventory.

Hello Lise - while the boundaries of real estate discussions can stretch quite far, it remains a local business.  Understanding the area market nuances remains important for sellers and buyers.  It can be overwhelming, so competent representation is still critical to a successful transaction.    

Your clients are lucky to have you in their corner, they will be well-prepared no matter what is going on in the market!

Good morning Lise. Due to timing issues our paths do not cross often enough here in the Rain. Thanks to Kathy and her Sunday post I caught this post. Timing is everything. Sometimes the pendulum is in your favor, sometimes not and sometimes the pendulum is neutral. One thing  buyer should remember is "if you don't ask, the answer is always no". Knowing when to ask still remains a timing issue. Enjoy your day.

Hi Lise Howe - In San Diego, we have micro-markets, so I can share that in what I call the "school district" neighborhoods, it's still very much a seller's market; multiple offers and no concessions. Then it becomes a balanced market in  most other neighborhoods where buyers can negotiate price, terms, and concessions. Unfortunately for areas like Downtown San Diego where it's plagued by the homeless due to our poor choice of a Mayor, and harder to be unique with what you are selling, because 8 other neighbors in the same high-rise are selling similar units, and there's too much inventory across the 5 neighborhoods - you can write your own ticket as a buyer.

Hi Lise:

These are excellent points for buyers. We are seeing some shifts but it's very localized by community and in most that I serve it's still a seller's market overall. Which is why your point about working with the right agent is so important.

Jeff

Oh yes! This business changes overnight at times. We do have to stay aware of when we need to pivot.

Lise Howe - "Times are a changing!" And that's the truth. Carving out time for you and your family takes top priority. A nurse told me long ago, if you don't take care of yourself and your needs first, you're no good to others. 

You're a woman with her own heart. Love and family. Always first, and second to none. 

Every real estate market behave differently just like one weather forecast is not a "one size fits all" Lise Howe. Still very much a seller's market in rural Northern Maine and lack of inventory, multiple offers and an influx of new out of state buyers continue. So so many cash cash cash no bank purchases because much lower cost housing to rent or buy where I live, work, play.