Buyers are making less aggressive offers
Buyers are making less aggressive offers
Abstract
Buyers aren’t having to make aggressive offers like they used to (even when there are multiple offers) Buyers are finally getting in below the list price. On average properties sold about 2% below the original list price last month in the Sacramento region. This is a far cry from last year when the average was 3% above the original price. In fact, 47.0% of sales last month had more than one offer. The table below has more offers in the region. There are fewer properties that had more offers and more offers. There were so many more properties last year that sold above 10% too.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Good news. Buyers aren’t having to make aggressive offers like they used to (even when there are multiple offers). Let’s talk about this today. I suspect this is true in many areas across the country. I’d love to hear your take. UPCOMING (PUBLIC) SPEAKING GIGS:
8/11/22 Realtist meeting (sign up here)
8/15/22 YouTube Live with Matt Gouge (details TBD)
8/25/22 State of Housing Brunch & Learn (sign up (for real estate community)) 1) Buyers are finally getting in below the list price On avera...
Good news. Buyers aren’t having to make aggressive offers like they used to (even when there are multiple offers). Let’s talk about this today. I suspect this is true in many areas across the country. I’d love to hear your take. UPCOMING (PUBLIC) SPEAKING GIGS:
8/11/22 Realtist meeting (sign up here)
8/15/22 YouTube Live with Matt Gouge (details TBD)
8/25/22 State of Housing Brunch & Learn (sign up (for real estate community)) 1) Buyers are finally getting in below the list price On avera...
With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. The market is constantly changing and it is important to keep up with what is happening if you want to stay current on property values. Today we’ll look at some reasons your home may not appraise. If you keep up with the news there’s no doubt that you’ve heard we are in a recession. In addition, we have had recent interest rate hikes that have started to affect the ...
With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. The market is constantly changing and it is important to keep up with what is happening if you want to stay current on property values. Today we’ll look at some reasons your home may not appraise. If you keep up with the news there’s no doubt that you’ve heard we are in a recession. In addition, we have had recent interest rate hikes that have started to affect the ...
The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers. If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID...
The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers. If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID...
A report from Floor Daily. “‘There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing they have listed their properties too late,’ reports the Wall Street Journal. Homes that have been on the market for three months or longer are reducing prices by around 11% from the list price, according to the National Association of Realtors. ‘The days of bidding wars and homes selling for tens of thousands of dollars over asking are over,’...
A report from Floor Daily. “‘There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing they have listed their properties too late,’ reports the Wall Street Journal. Homes that have been on the market for three months or longer are reducing prices by around 11% from the list price, according to the National Association of Realtors. ‘The days of bidding wars and homes selling for tens of thousands of dollars over asking are over,’...
Some 58% of U.S. adults would be willing to take action to find housing that is more affordable, according to a Bankrate survey.
Some 58% of U.S. adults would be willing to take action to find housing that is more affordable, according to a Bankrate survey.
In this episode, we interview Larry Goins. He’s been a jack of all trades when it comes to real estate investing. Listen closely to how fearless Larry is when it comes to getting started and taking action. We didn’t know Larry prior to this show but we are pretty sure that this his fearlessness has had a large positive impact on his success. In this show you will discover: -Wholesaling -Fix and Flip -MHP’s -Seller Financing -Working in construction -Systems -The road show -Wh...
In this episode, we interview Larry Goins. He’s been a jack of all trades when it comes to real estate investing. Listen closely to how fearless Larry is when it comes to getting started and taking action. We didn’t know Larry prior to this show but we are pretty sure that this his fearlessness has had a large positive impact on his success. In this show you will discover: -Wholesaling -Fix and Flip -MHP’s -Seller Financing -Working in construction -Systems -The road show -Wh...
Learn when less is more! Listen about our 3 strategies to pay less money in taxes and implement them already this year! Brush up on how renting out for less than 14 days can save you from paying taxes, why you are first a marketer and then an investor, and how to take that training you need to develop your business and save your tax money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn when less is more! Listen about our 3 strategies to pay less money in taxes and implement them already this year! Brush up on how renting out for less than 14 days can save you from paying taxes, why you are first a marketer and then an investor, and how to take that training you need to develop your business and save your tax money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Not all U.S. states are equal when it comes to the struggles of living single.
Not all U.S. states are equal when it comes to the struggles of living single.
Sprawling Ranch Offers Wine-Making Potential Along Mexico’s Golden Corridor
A rider in a courtyard of a horse ranch in Dolores Hidalgo.
getty
A rider in a courtyard of a horse ranch in Dolores Hidalgo. The colonial Mexico city of Dolores Hidalgo holds special significance in its history as the birthplace of its national independence from Spain. Today, the small yet vibrant setting in north-central Mexico is a cultural delight with winding cobblestone streets lined with ...
Sprawling Ranch Offers Wine-Making Potential Along Mexico’s Golden Corridor
A rider in a courtyard of a horse ranch in Dolores Hidalgo.
getty
A rider in a courtyard of a horse ranch in Dolores Hidalgo. The colonial Mexico city of Dolores Hidalgo holds special significance in its history as the birthplace of its national independence from Spain. Today, the small yet vibrant setting in north-central Mexico is a cultural delight with winding cobblestone streets lined with ...
It’s easy to be so pumped about what’s been happening that we miss out on what is currently going on. This can happen in the real estate market as well. As an appraiser, we must stay on top of what is going on in the market or we can miss the mark on value. Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data. Granted, the job of a real estate agent is to get the highest price for th...
It’s easy to be so pumped about what’s been happening that we miss out on what is currently going on. This can happen in the real estate market as well. As an appraiser, we must stay on top of what is going on in the market or we can miss the mark on value. Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data. Granted, the job of a real estate agent is to get the highest price for th...