It is becoming increasingly difficult to find product for Buyers in the starter price range, under $450,000. Will we see a return to a Sellers Market until inventory goes up?
Advantage Sellers? Video Blog Transcription
Hey there! Rob Reynar here just checking in. Very interesting, the last couple of days, I have been doing a lot searches for buyer prospects that I've got and I'm wondering if we're not getting to the point now where sellers might soon have the upper hand. We came from a pretty steep buyer's market if you will remember. It balanced substantially as we went into the fall of '09 and now we're starting into this winter market here and into the spring. But will sellers have the upper hand? I think it's a distinct possibility at least for the first quarter of the year. Inventory is down in many price points, especially the starter price points for single family homes anything under 450, there is very little to choose from. So, if you are sitting on the fence as whether to wait to sell now or wait for that spring market, I say go now. If you're a buyer, you really need to scour the inventory right now and just make the best location purchase possible and I don't have much else for you. If you're a buyer right now, you're kind of on outside looking in. So, maybe sellers are gonna start having the upper hand when offers hit the table soon. I guess we'll wait and see. Love to hear your comments on this, firstname.lastname@example.org. R-E-Y-N-A-R, email@example.com. Talk to you soon, buh bye!This is a transcription of the latest Video Blog from MorrisReynar.com . If for any reason there is a discrepancy between this text and the Video Blog, the Blog is deemed accurate.