Although, we have an overabundance of house seekers and speculators who are keeping real estate agents very busy, we are not seeing real hard numbers of successful contracts. Need I say, we also have an overabundance of homes on the market in QAC, which is making it hard to sell and driving the prices down.
(Oh, the pic is what I would like to be doing right now, instead of trying to sell homes in this crazy market! Doesn't that look refreshing and really cool? I will give anybody $10.00 if you can tell me who the couple is in QAC.)
What needs to happen to change things here, are a couple of things:
1. Sellers who aren't really motivated to sell (meaning they won't bring their listing prices down to reflect the market conditions) need to remove their homes off the market, and that will reduce the over inventory of homes.
2. The media needs to quit pounding away of how terrible the market is- it is a great time to buy-with the inventory and interest rates (if you can meet all the requirements).
3. Buyers need to stop putting in ridiculous offers and become realistic, if they find their dream home. It is a value, if it is the home of choice for you!
4. Buyers need to get off the sidelines and stop waiting for prices to drop. Who knows, you may wait too long and miss your opportunity and the prices head up again. Or worse, lose your dream home to another realistic offer.
