Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Another question asked and answered countless times.  It's a conversation starter when people gather and there is a real estate broker/agent/casual observer present or in the vicinity.  How one responds is usually "the take".

May 23, 2019 07:54 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

My take is there is always a market

May 23, 2019 07:11 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

The uncertainty of the equities markets may be fueling the uneasiness and cause many a seller to pull their investments out of long term holds.  Seeing some movement, but it still remains a strong sellers' market in San Diego, of course, depending on the price point.

May 23, 2019 07:34 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

It depends on the property and the area.  I just had a listing that had 7 offers and sold for over asking. I also have a condo that has been on the market for a long time with a few price reductions.  Both are in San Jose. That said, I do see an overall shift ... the market is not crazy hot like it was a year ago.

May 23, 2019 07:29 AM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Markets are cyclical and always changing. If people are staying put, it could have something to do with their perception of the political climate.

May 23, 2019 07:27 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It is my understanding that our market is picking up a little but is still depressed in our area Richie Alan Naggar so you are correct, it is starting to normalize.

May 23, 2019 07:26 AM
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

It's slower than last Spring or Summer but noce looking homes are still selling.  They don't sell in hours but a few days. It's still a seller's market.

May 23, 2019 03:24 PM
Peter Testa
Nationwide Homes - Danbury, CT

April home sales were down nationally, despite lower mortgage interest rates. I don't think it's indicative of impending doom. Locally I see a healthy market with some predictable leveling off.

May 23, 2019 02:35 PM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I see the same in my market Richie.  

May 23, 2019 04:59 PM
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

Multiple offers have perhaps slowed "a little" here but our inventory is still very low at less than 1.7 months of inventory, prices still climbing and median Days on Market at 8 days. We are still in a strong seller's market.

May 23, 2019 10:36 AM
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Quality inventory is still in short supply.  Buyers are eager but sellers are sitting on the sidelines. 

May 23, 2019 08:14 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am happy that we are still seeing plenty of offers.

May 23, 2019 07:20 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Richie Alan Naggar the market is sort of stabilizing. But, it depends in the area too.

May 23, 2019 09:55 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

I agree and I'm good with that, Richie!

We continue to have multiple Offers on under $300K properties but, they are fewer and farther between. Still low inventory but, with fewer bidding wars, that tells me there are fewer buyers out there to absorb the inventory.

May 23, 2019 09:11 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Price, condition and location plays a big part in any market. There are still affordable re-sale homes for 1st time homebuyers, many others consider building over buying an existing home. Haven't been in a multi-offer transaction in a good while Richie.

May 23, 2019 07:01 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ

It depends on location and price range. The first time homes in certain areas are flying off the shelves.  I've got a darling AR referred couple looking for their first home and as of now I've got 6 possiblities. All the rest are under contract.  And they're all good choices but brand new to market.

May 23, 2019 02:05 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Still a shortage of homes/condos for sale, but not the crazy feeling of the previous two years.

May 23, 2019 01:04 PM
John Juarez
The Medford Real Estate Team - Fremont, CA

Our market shift began last June. We have seen prices soften; longer DOM; buyers can offer under list; buyers can negotiate. Yet...prices, which tended downward for several months, are now slowly inching upwards. It is a confusing market. Many sellers are on the sidelines. 

May 23, 2019 12:01 PM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Low inventory (1.5 months) but still the average dom is 45-50. What I wanted to do was actually check the upper prices here (400K+) & see if they have slowed down. I don't think that we've had a crazy spring market here at all.

If your house is nice it is still going to sell right away. Last listing was 22 showings or so before an offer. Should have happened before that IMHO.

May 23, 2019 10:56 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing your experience.

May 23, 2019 09:33 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

if it's priced properly, it will sell at full list or better.... and it will sell quickly....

our listings have been consistent, but I'm consistently spending money and shaking the fruit from the tree...

May 23, 2019 09:30 AM
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Still a sellers market in my area.  

May 23, 2019 09:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nope... when the months worth of inventory stands at barely 2 months and inventory isn't increasing appreciably and home prices keep increasing because of lack of inventory, I don't see it as a shift to even a balanced market as yet.

May 23, 2019 08:56 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Yes, everyone is saying that it is coming, I personally do not see such in here, every listing that priced at a market value gets multiple offers since the inventory is still low.

May 24, 2019 07:00 PM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Hi Richie - definitely seeing this across multiple markets.  Move-in ready, like-new properties that are priced well are still seeing immense competition, but properties need to be in great shape and priced well, or yes, they're seeing longer DOM and more of a normal turntime

May 24, 2019 02:21 PM
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

My last two listings had a total of 17 offers...   We're edging closer to normal but definitely not there yet. 

May 24, 2019 04:31 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Richie I said this last year when everyone thought I was nuts... Endre

May 23, 2019 11:56 PM
Rae Hoffman
Roots & Wings Realty Group / Walzel - Katy, TX
Real estate agent serving the Katy area

Houston area has seen a definite slow down of the multiple top dollar offer scenarios - even in the sub 200K market. But houses are still selling.

May 23, 2019 09:15 PM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

If price improvements and more inventory are indicators then the past few weeks have moved us in that direction for certain.

May 23, 2019 06:35 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

strong sellers market here.  Not a lot of inventory and seeing a lot of multiple offers lately.

May 23, 2019 03:54 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Started here in San Diego 15 months ago and is quite neighborhood-centric. Not all hoods feel the same market here and not all states share the same market experience either. But yes, it's afoot!

May 23, 2019 02:22 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 I find it is  thinking agents market. We need to position ourselves and our clients to be successful ....

May 24, 2019 07:07 PM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

We still have scarcity under $300,000

May 24, 2019 02:12 PM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Current generation may be realizing that it might make more sense to rent than to buy, at least for a while; same with seniors.

May 23, 2019 04:52 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never been in a frenzy market, but am seeing a slow down with the advantage now ever so slightly in the buyer's facvor.

May 23, 2019 03:28 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

We are seeing some shifts but still a strong seller's market in many areas depending on the price points

May 23, 2019 01:04 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes, I think we are in a traditional supply and demand market with normal shifts.

May 23, 2019 07:22 AM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

My take is a 'Normal Market' is one which one is always passing through to a different market.  It is like pointing at where a dolphin jumped. Not exactly sure where, but trust that it actually happened but definitely not observable at the moment, but always reported/seen as an event that has passed.

What I SEE is streets lined with the 'pick 'em up trucks" of contractors. Lack of affordable or desirable housing has compelled so many to fix it instead of moving out.

It is possible, that in the back of every bodies mind is the consequences of a trade war means one must stop spending, build up the survival stores, prepare for a disruption in the economy and employment and hold the line until someone blinks.

May 23, 2019 07:12 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Smart phone sales diminishing. Share car stocks ipo, chip companies. Many local Asian technology companies being restricted to do business in America. Crazy rocket boring man can not deliver good technology into the effect.  I suspect there will be a slowing in hiring and more firing result in a lull.  That translates to a slow down in housing industry. 

May 23, 2019 07:07 AM
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

We are there in some price points. First time and move up price points are still selling well and with multiple offers. It can change though. All we need are a couple companies to finally announce they're moving here.

May 25, 2019 11:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ours started shifting last June/July, and only picked up a bit when the interest rate decreased.

Jun 09, 2019 03:22 PM
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Buyers market.

May 27, 2019 06:01 AM
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 buyers market here.

May 27, 2019 05:36 AM