π₯π‘ Price Reductions & Multiple Offers! It’s a Tale of 2 Markets! Episode #12 w/Sean & Jason π‘π₯
As I stated in my last SRV Real Estate Market Update, we are seeing a Tale of 2 Markets.
Market #1 is the homes that are in good condition and price their home properly as soon as the home hits the market. These are what our current buyers want to see and because of that, these homes are getting multiple offers and selling quickly.
Market #2 is the homes that aren’t in quite as good condition and the owners decide to overprice. These homes are sitting on the market and having price reductions. GOOD NEWS, these are good options for buyers who’re tired of missing out when competing against multiple offers.
Inventory is low but slowing creeping up. Buyers have a few more homes to choose from which makes it even more important for sellers to the small projects to make the home appeal to the most buyers. Most importantly is to price your home properly and you will be rewarded!
Watch this video! We are here to help!
Buy & Sell Your Home Smarter in 2023!
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Jason Caskie, Realtor | Coldwell Banker
CA DRE#01347068
