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YES, in fact I wrote about it 8/24/16:
John McCormack, CRS
Ryan Huggins - Thousan...
Thousand Oaks, CA
There are shifts constantly occurring. The evidence of those shifts are typically found in neighborhoods, price ranges and even between different condo complexes. It's the nuances of any market. We need to stay observant.
As far as a strategy it is more refining in nature than re-defining.
John McCormack, CRS
I'm in an extremely rural area, and where larger markets have seen lower inventory and mutiple offers, we haven't until recently. Now we are seeing this. Not on a large scale, but it's happening.
Fred Griffin Florida R...
Over the past year or so, houses under $200K are selling again.
Our inventory has finally increased, homes are on the market longer, but buyers are still out there. Continue to contact my sphere and prospect.
We are slightly slowing. Slightly.
Market is slowing down but always pump up direct mail in October for the winter push.
Sellers are trying to push pricing while quality inventory is low. Buyers are pushing back a bit. Quality listings are still moving!
YES, there is an even sharper decrease in home owners selling, more are staying out with the election having everyone on edge. The results will either propel us forward or set us back. The lesser of 2 evils is a sad but necessary choice
Harry F. D'Elia nailed this one!
We have a severe shortage of affordable homes.
It's busier in my business.
It is still a busy market here.
Ken's Home Team LLC. | 360.609.0226 | Portland, OR & Vancouver, WA Real Estate Team - a bit for sure. Just generating more leads for late fall and winter.
Not much has changed in my market
I'd love to see a shift to more inventory.
Yes, there are some homes on the foreclosure list that are in very nice neighborhoods. It use to be just less expensive homes.
The inventory is shrinking and this is making it a little harder to find houses for buyers. I just hope buyers will not get discouraged.
No Shift Yet
Stronger than ever for us.
July and August usually slow some but September has been busy!! Looks like a great finish for 2016!
Our market slowed down in July and August, but that is typical. September through the end of the year tends to be crazy busy.
I'm seeing a little shift. Doing business as usual, though.
Most of the shifts in my business are due to my actions.
In Jacksonville, FL September has been a slow month for us but we are still meeting our goals due to new methods of self-generation. I'm always trying new things, such as Active Rain which I'm really enjoying thus far.
Business as ususal for me ... slow and steady she goes.
Oklahoma City has been a steady as she goes market for a long time, even in the meltdown years. This makes it much easier to plan.
Not really but mos supply of inventory shot up from 1.5 mos to 5.2 for August. So obviously, August was S L O W.
there are more listings on the market which tells me the prices have "calmed".... sellers and agents need to price properly so homes will continue to move....
Business continues as usual....for me.
That does not mean there are no change in the market, BECAUSE the market is Always changing. As an example I'll use this graphic.
The market is always changing and my responsibility to my business is seeing the change and adapting as needed.
What is needed, as indicated by the graphic is greater focus on LISTING below $500,000 and buyers above $700,000 to meet my goals in the 90 market sphere.
It is only a 'shift' if one believes the market is not always in motion.
It is still a sellers makret in my market.