Homes are taking longer to sell and people want to know why. It really comes down to buyers and sellers not being on the same page.
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If you’ve been watching any of my videos recently, you’ve heard me talking about a shift. It’s still happening and prices are adjusting. Homes are taking longer to sell, and in some areas, homes are selling for less than they have in the past.
The reason why more and more homes are expiring is because most sellers are still under the impression we are still in a seller’s market and prices are continuing to go up. However, buyers have reached a point of fatigue. They are getting frustrated because prices have gone up too high and too fast.
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Buyers have reached
a point of fatigue.
a point of fatigue.
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The bottom line is, what sellers are expecting and what buyers are willing to pay are two different things. That’s why homes are getting stale on the market and taking longer to sell. Sellers are struggling with the idea of selling for less than their last home sold for.
If this has happened to you, but you still want to get top dollar for your home, give me a call or send me an email. I would love to help you market and sell your home for the most amount of money possible in this market. I look forward to hearing from you soon.