Friday, September 5, 2014

No Longer a Seller's Market

It seems like there is a shift in the market, again.  Redfin's July 2014 Housing Market report states that, "seller's are finally catching on that it's not a seller's market anymore."  The result is from a slowdown in home price growth as well as a shift in pricing power from sellers to a more balanced market.  The ending of summer and start of fall will also motivate sellers to drop their listing prices further in attempt to sell before the end of the year holidays.  Read the entire report here.

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