Will we see -$100,000 swings? Current Real Estate Market

Selling Real Estate
We’ve seen a drastic shift in the real estate market in just the last few weeks

Not too long ago, there would be 10, 20, or 30 offers on a home bidding the price up $100,000+

Fast forward to the current market: we have a lot of sellers in a panic trying to time the peak of the market

We are already seeing price reductions on homes and seeing negotiations of $100,000 or more

Talk to your real estate and mortgage professionals to see how this may offset the current rise in interest rates

Ready to Buy, Sell, or Invest? Contact us today

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Scott Sackin DRE# 01003803
Seven Gables Real Estate

#housingmarket #realestatemarket #interestrates

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