Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago,
Listing Agents, what are you seeing out there?
Remember last year when homes were toured on a lunch break and under contract by dinner? This market shift has been fun to navigate with clients and the stabilization is welcomed, in certain areas. I wanted to start the conversation of what everyone is seeing out there in terms of their listings. Average DOM has increased, sellers lenient on concessions, investors popping back up, etc. - what are you actually seeing in terms of offers, though?
Currently have a fixer upper in Murray. Not a total rehab, but interior needs extensive updating. 4 cash offers $100K+ below list from investors within the first 2 weeks. Too low for my client to entertain. I see this trend continuing into the spring, pending rates. What do we think?