A lot of home sellers feel like "fish swimming in a tank" and they are just waiting for the "hook". My recent experiences in our market are that ...and I cannot say this enough...IT IS AREA SPECIFIC.
That means that your neighborhood may not have had any foreclosures or very many sales...and may be holding it's price BUT, the neighborhood a mile
from you may have had many foreclosures, may have too many new homes for sale by builders, or lots of sellers who lost jobs etc. and want to sell.............THAT CHANGES the supply and demand for that neighborhood.
What you will see...........homes for rent.............more "for sale" signs.......(by owner and agents)...
The owners will try it on their own.........then list with a professional who will have a plan for selling the home.
Today's quick trend that I am spotting...........There are more homes that are larger that are for lease.
...............More about this topic later.
If you need to buy or sell a home.........call me today so that you do not waste valuable market time!
(My fish photo, taken by me, is from one of the ponds in the Japanese Garden at our Fort Worth Botanic Gardens...............enjoy!)
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