John DL Arendsen, Crest Backyard Homes "ADU" dealer & Contractor  (CREST BACKYARD HOMES, ON THE LEVEL GENERAL & FACTORY BUILT HOME CONTRACTOR, TAG REAL ESTATE SALES & INVESTMENTS)

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Rainmaker
5,001,825
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

The multiple offers have definitely stopped and there are price reductions.  Things are changing!  A

Oct 20, 2018 12:36 PM
Rainmaker
708,837
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Like the leaves, it's chaging in my neck of the woods.  ;0

Oct 20, 2018 12:24 PM
Ambassador
4,840,676
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Very nice climate, we had a snowstorm today.

Oct 20, 2018 12:20 PM
Rainmaker
478,228
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

This time of year has a seasonal slow down. However, compared with last year, we are definately seeing a slowing in sales.  There are many price reductions and days on market are growing.

Oct 20, 2018 01:55 PM
Rainmaker
3,563,469
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

It's fairly solid... high end properties sit, but they are not a huge part of our market. We are not yet in a buyer's market. I wouldn't even say we are in a fully balances market as yet if you look at inventory.

Oct 20, 2018 01:44 PM
Ambassador
2,973,231
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

still a sellers market where I am in Georgia.  prices still excalating, but we were much slower to rebound after the housing crisis, and it started here about 18 months after the rest of the country as well.  Rural America seems to be a follower in the housing market based on my examination of the past 26 years in this business.

Oct 20, 2018 01:13 PM
Rainmaker
3,729,948
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Is it more loco than local?  Any Rubensque ladies(or men) singing?  Let's wait and see.  I'm neither a psychic or a meteorologist.  Let them predict what they may.

Oct 20, 2018 12:48 PM
Rainmaker
1,763,557
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Our market in Minot North Dakota is on the upswing John DL Arendsen . We boomed with the oil in 2009 and crashed around 2014, sat stagnant for 4 years and now we are picking back up. Real Estate is local .

Oct 20, 2018 12:15 PM
Rainmaker
3,707,518
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Depends on the property. Some listings are a bit aggressive and take longer. The ones well priced are moving quickly!

Oct 20, 2018 12:15 PM
Rainmaker
504,038
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Seems to be slowing down a bit, and I'm not seeing the "multiple offers" as often and prices seem to be staying the same or depending on price range, we are seeing a number of reductions as sellers become more motivated to get it SOLD before winter sets in.

Oct 20, 2018 02:23 PM
Rainmaker
506,180
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

In our area homes over 2MM are hurting. Tax changes are hurting both builders and homeowners making the inventory for the higher priced homes high with few buyers, and many low ball offers!

Oct 20, 2018 01:51 PM
Ambassador
2,491,368
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

        We have houses for sale in all price ranges.  Buyers have choices!  For sellers, if they price their house right, they can expect a good offer in a reasonable time (the exception is the high end houses - they take a bit longer to sell).

Oct 20, 2018 12:36 PM
Ambassador
3,766,017
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

We're in a strong sellers market here in Charlotte - just over a 2-month supply - but, that is climbing...slowly but, surely.

We have some room to go before we hit a balanced market, muchless a buyers market!

Oct 20, 2018 10:15 PM
Rainmaker
801,404
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Our San Francisco Bay Area market is similar to your current market, John DL Arendsen 

Oct 20, 2018 03:22 PM
Rainmaker
4,432,971
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Slow.

Oct 20, 2018 12:49 PM
Rainmaker
2,569,903
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Steady movement all price ranges....

Oct 20, 2018 12:41 PM
Rainmaker
1,122,649
Gary Frimann, CRS, GRI
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Slowly slowing.  Buyers have gone to the sidelines.

Oct 21, 2018 07:09 AM
Rainmaker
1,507,472
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Depends what woods, Calabasas, Tarzana, etc. valley housing sales are slowing down, West LA ( I have a property coming) is still hot. Leases are needed everywhere. 

Oct 21, 2018 12:24 AM
Rainmaker
1,076,700
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It's all three markets here John, pending the neighborhood and price point.

I have listings that sell in multiples, some that sell with one offer after sitting and a couple that sat until we reduced.

Oct 20, 2018 08:16 PM
Rainmaker
1,523,816
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

It all depends on the price range here. The houses that are priced under $250K tend to sell quickly if the buyers can qualify.

Oct 20, 2018 07:28 PM
Rainmaker
510,224
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

It's gone from a Sunny Seller's Market to a slightly cloudy mixed market. Well priced, well presented listings are still selling, but if there is anything not "perfect" about a home, it tends to linger. 

Oct 20, 2018 07:28 PM
Rainmaker
3,207,439
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have not been seeing double digit offers here in NH. I am seeing quick offers on those houses priced right, especially starter homes. The luxury homes, this eover priced and thise needing work are staying around longer

Oct 20, 2018 05:24 PM
Rainmaker
1,101,383
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

They added about 450,000 highly paid high tech jobs last few years. Total employed FT is 4,000,000 with no layoff. The people need to live somewhere. Homes often stay on the market like 3 weeks with no offer. If offers coming in are mostly unacceptable by sellers.

People hear something negative and want to jump in only when prices are even lower.  Sellers need to make mental adjustment as most still think they can make a killing. 

Oct 20, 2018 04:28 PM
Rainmaker
5,440,963
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the market has leveled here.... a home that's priced properly will sell for full price.... there are not 20 offers to deliver at $50K over list price....

Oct 20, 2018 04:18 PM
Rainmaker
1,611,029
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

There has been a definite slow down in our market. It is consistent year to year, but it's much slower than the first two quarters.

Oct 20, 2018 04:13 PM
Ambassador
688,253
John DL Arendsen
CREST BACKYARD HOMES, ON THE LEVEL GENERAL & FACTORY BUILT HOME CONTRACTOR, TAG REAL ESTATE SALES & INVESTMENTS - Leucadia, CA
Crest Backyard Homes "ADU" dealer & Contractor

Looks like things are definitely trending that way here to Lynnea Miller 

Oct 20, 2018 02:02 PM
Rainmaker
2,902,215
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

The market is showing signs of shifting ... multiple offers are few. I am seeing a lot of price reductions as well. 

Oct 21, 2018 08:19 AM
Rainmaker
731,072
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

It depends on the price range. The high end is cooling while the low-end sizzles. By the way, our low end is above $300k.

Oct 21, 2018 07:26 AM
Rainmaker
5,975,228
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have a strong market.

Oct 20, 2018 06:10 PM
Rainmaker
831,353
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The size of the pie has been decreasing while the number of seats at the table is perpetually increasing. The measurable outcome has been the big players who spend the big dollars is getting bigger. The traditional solo practitioner find themselves in a cat fight with the newbies who have only one thing to offer.

But, if analysis is done on the FULL SPECTRUM of real estate transactions, the percentage of those selling via alternative models is steadily increasing. Be aware, if these transactions were included in the traditional model, the pie would still be smaller.

What this suggests to me is alternative methods are not confined to boom or bust real estate climates but is more related to an informed consumer.

It is clear to me that for an agent to protect their margin they must reevaluate the 'list of die' mantra and apply more in-depth analysis regarding buyer representation.

Much like the 90 Degrees and sunny weather, the RE climate in the TAmpa Bay area is also sunny.  The end of summer inventory that missed it on price point are reducing prices(buyer market today), a holiday month is coming and the snow birds and spring training folks will start the year off like they do every year.

Oct 20, 2018 01:06 PM
Rainmaker
630,684
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

High 40's & windy today. 

Oct 21, 2018 08:12 AM
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It's mixed in my area.

Oct 21, 2018 06:28 AM
Rainmaker
1,937,593
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

slowing slightly

Oct 21, 2018 06:10 AM
Rainmaker
3,570,469
Richard Weeks
Dallas, TX
REALTOR®, Broker

Strong sellers market

Oct 21, 2018 05:29 AM
Rainmaker
3,287,554
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Sales have slowed down a little.  Very few multiple offers.

Oct 21, 2018 03:53 AM
Rainmaker
1,991,606
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

50/50

Oct 21, 2018 11:01 AM
Rainmaker
1,526,418
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

We are in the middle.

Oct 21, 2018 10:41 AM
Rainmaker
1,315,892
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Median sales prices are still rising, 2-3% by days on market are increasing considerably.  Inventory levels up 25%

Oct 21, 2018 09:33 AM
Ambassador
1,706,758
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Partly cloudy with a warming trend.

Oct 21, 2018 08:32 AM
Rainmaker
2,766,501
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Not so hot in higher ends of NY.  Not good after election and especially worse since tax increase from the government.  Yes, it's a big increase here due to limits on SALT tax, so many have lost $30,000-$80,000+ in tax deductions.  I think the very high net worth individuals will be fine as they may offset some of it if they own companies and decide to hold on to their properties until taxes changes.  Higher end homes are sitting there as they are way less affordable compared to last year.

Oct 25, 2018 04:40 PM
Rainmaker
4,440,339
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

In June this year we saw a huge shift in our market, like someone shut the lights off.   It did not pick up in September like other years.   

Oct 24, 2018 05:45 PM
Rainmaker
577,271
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Slowly changing.  Seeing price drops and DOM is growing.  

Oct 22, 2018 10:45 AM
Rainer
116,985
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Times are chaning and it happened quickly.  Temecula / north san diego area.  Homes are sitting for sure. 

Oct 22, 2018 08:45 AM
Ambassador
3,985,488
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Moving toward a 3 month inventory in Clarksville TN. If the property is priced right and in good condition, it will sell in a week or two.

Oct 21, 2018 06:15 PM
Rainmaker
3,530,026
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Slowing down in that last month!

 

Oct 21, 2018 04:09 PM
Rainmaker
3,108,456
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John DL Arendsen less multiple offer in my area.

Oct 21, 2018 02:40 PM
Rainmaker
3,985,587
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Still robust

Oct 22, 2018 07:20 PM