Recently I am hearing from various sources including agents on radio shows that there is an increase in price down over the listing. Some say it’s because sellers have overpriced but this has been throughout the year without news of price down.
People in the market, do throw some light here. Many would be interested.
Inventory should be the highest this time of year. Wait 6 months and it will be low again.
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This is normal after several months of huge runup. Buyers need to reassess what they can afford. Either increase budget, loosen their constraints or consider another location.
I don’t think we have peaked yet, but it’s looking like there will be several months where the market will be flat.
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