Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Looks like the housing market has cooled down a lot because of record high prices. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/looks-like-housing-market-has-cooled-down-lot-because-record-high-prices-321294/)

Happydaz 07-04-2021 07:17 PM
Quote:
Originally Posted by joelfmi (Post 1968554)
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels, THIS I HOPE WILL STOP THE GREED OF SELLERS
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less as per Redfin
Housing prices go up and down. It has nothing to do with the “GREED OF SELLERS.” Too few houses on the market coupled with high demand causes higher prices. The opposite happens when a high inventory is available. In a buyers market sellers think buyers are too fussy and demanding when they low ball the price and demand all kinds of concessions.

asianthree 07-04-2021 07:41 PM
Three home we looked at by MLS have just had a price decrease yesterday. Not a big deal for us, none hit the mark for us, but might for someone else

graciegirl 07-04-2021 08:03 PM
Quote:
Originally Posted by asianthree (Post 1968601)
Three home we looked at by MLS have just had a price decrease yesterday. Not a big deal for us, none hit the mark for us, but might for someone else
Where did you see three homes with a price decrease yesterday?

It is sort of a hobby for me to watch the housing market here. I see very few for sale. Very limited. As soon as they are listed, they sell.

Happinow 07-04-2021 08:29 PM
Quote:
Originally Posted by joelfmi (Post 1968559)
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less :clap2:
A house is worth what a buyer will pay!

Velvet 07-04-2021 08:33 PM
Quote:
Originally Posted by Happinow (Post 1968614)
A house is worth what a buyer will pay!
To get the owner to sell the house.

shut the front door 07-04-2021 09:14 PM
Yeah, whatever. I personally know of an offer that was made on a resale 2 days ago that was 25k over asking pice and got turned down.

KAM+6 07-04-2021 09:19 PM
Quote:
Originally Posted by shut the front door (Post 1968622)
Yeah, whatever. I personally know of an offer that was made on a resale 2 days ago that was 25k over asking pice and got turned down.
Probably had contingencys.

Chi-Town 07-04-2021 09:35 PM
Check your Zestimate this week. Mine cooled down

Ben Franklin 07-04-2021 10:35 PM
Quote:
Originally Posted by joelfmi (Post 1968554)
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels, THIS I HOPE WILL STOP THE GREED OF SELLERS
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less as per Redfin

Buyers determine the price, not seller's greed. Seller ask a price and buyer says Yay or Nay.

asianthree 07-04-2021 11:07 PM
Quote:
Originally Posted by graciegirl (Post 1968608)
Where did you see three homes with a price decrease yesterday?

It is sort of a hobby for me to watch the housing market here. I see very few for sale. Very limited. As soon as they are listed, they sell.
Most homes are on the market such a short time. I haven’t bothered to track the housing market, if push notice comes we look. Guessing your hobby would not interest the agents that sent me email yesterday with the decrease. One we bid on, two weeks ago, owner turned it down, and now they want to accept our offer. None of the homes we have looked at in the past 6 weeks ever made it on Zillow.

thevillages2013 07-05-2021 04:55 AM
Quote:
Originally Posted by joelfmi (Post 1968554)
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels, THIS I HOPE WILL STOP THE GREED OF SELLERS
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less as per Redfin
An article you find on Redfin about the real estate market ! Seriously? The whole country? What market? Some are different than others and TV definitely is.

Girlcopper 07-05-2021 05:10 AM
Quote:
Originally Posted by Stu from NYC (Post 1968569)
Together the buyer and the seller set the final price.
Correct. So why is the seller being blamed? Ive already seen recent sales quickly listed for sale again at a higher price. So, who is the blame. The buyer!! They buy a house and immediately flip it for a higher price with nothing extra upgraded. Greedy investors

Laker14 07-05-2021 05:13 AM
Quote:
Originally Posted by Kenswing (Post 1968566)
It appears you know NOTHING about real estate. The buyers set the price. Not the sellers.

We recently sold our house. We presented an asking price. The buyers decided to bid it much higher.
I hope you aren't one of those greedy sellers who choose to accept the highest offer.

dewilson58 07-05-2021 05:37 AM
Joey is probably one of those posters who blame the greedy developer for selling houses in Sumter County.

:ohdear:

Hiltongrizz11 07-05-2021 06:02 AM
You cannot possibly say that. That's such a broad and blanket statement that it's just not true


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