Quote:
Originally Posted by Robbb
Ths point is last year this time there were app 300 homes for sale, today over 1,200. The end is coming.
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Most of us saw this initiate fruition the 2nd or 3rd week of September as the absolutes in hard data were pouring in. Expect some equilibrium of availability soon as far as stats with a growing reserve of sellers waiting for market opportunities to change before attempting liquidation.
There will be a strong possibility of FSBO (For Sale By Owner) postings to offset some losses.
If I was just retiring, there would be zero rush to buy or sell. Chill like the true hunter and sit in one place. If you want to sell, then sell, but I wouldn’t repurchase. It would be better to rent because rental prices will and are decreasing in almost every market.
Hopefully prime season is mid to late summer.