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QOTW: Are you seeing any new trends in your local market?
Welcome to our question of the week! While we may start to feel that there's a rollercoaster ride ahead, we have something many investors don't, a great network to help us grow and learn!
Have you noticed any new trends happening in your local market? How are you using your real estate knowledge to adapt to take advantage of what you are seeing? How can BiggerPockets help support you in your investing?
Let's get talking!
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Great question! I am noticing a shift in the sellers power in a lot of transactions lately. Homes are sitting on the market longer, agents are doing more open houses trying to find buyers, and many homes aren't priced as high as they were a couple months ago.
With more homes for sale, the buyers still in the market now have some more inventory to look through.
I am in Brevard County, Florida.