Sellers are more motivated to sale my report

Real Estate Agent with RE/MAX SOLUTIONS 9695882

We are beginning to see lots of just reduced sign here in the New Jersey Market ,Sellers having seen that with slow market we are in right now it is going to be for a very long time. The motivated sellers are cutting deals and selling below market value and even making all kinds of concessions to buyers trying to make the deal work.

Share with us if you are seeing similar changes in your market ,this is the right time for people looking for bargain to jump into the market ,there are so much inventory to chose from, the prices are coming down in the northeast.

What is happening in your market are your sellers motivated eneough to make this kind of price reductions, in some cases i have seen in the MLS where a property has been reduced three times already from the original list price.

Comments (3)

Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon
Central Oregon is starting to see a few price redutions - the sales price vs. list price is still in the upper 90% which means everyone can win
Apr 09, 2007 05:00 AM
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI

Hawaii:  Some seller have not caught on that it is not rising drastically anymore (although our market has picked up in the last couple of weeks) although the majority of them are pricing accordingly....Hawaii is just a completely different market...there is just so many homes on Oahu! 

Apr 09, 2007 05:02 AM
a b
c - Milford, PA
I've seen a few price improvments here in Northeastern PA but it's still reasonable out here.
Apr 09, 2007 05:12 AM