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Trends in the Market

 

What are some trends that are happening right now?

A trend that is happening now is buyers are willing to wait to put in an offer. If they see a property they like, they will see everything else on the market, then come back to the said property and make an offer. This can happen 4-6 weeks later. While some in the industry find this frustrating that there is no urgency, I actually find it helpful. With no rush, when an offer is made, it is real. There is no "place holder" offers only to withdraw later.  Also buyers have thought about the property for a while so there is much less buyer remorse (which can lead to people pulling out of the contact).
 
 
 

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