We are transitioning from a sellers market to more of a neutral market.
Homes are selling, but we don't see many multiple offer situations.
The Sharp and updated homes still sell really well.
The average condition homes will take longer to sell, but if these sellers remember that this isn't 2022, when almost every home sold for record prices, market time will improve.
Days on the market are longer. Showings are fewer, thanks to the massive government spending of 2020-2024, which caused high inflation and mortgage interest rates that became unaffordable to many buyers.
Sellers are hesitant to give up their 2.75% interest rate.
Late 1st quarter 2026 (March and after), would be a great time to sell. All the buyers who have been hibernating will come out and boost the selling market.
Interest rates should be lower. This will also create more buyers.
The big question will be how many homes will hit the market?
Call us for an estimate on the value of your home and what you need to do to get it into selling condition without breaking the bank!
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