
Again More Listings!
We saw a rise in the net number of listings available last month for the 3rd month in a row. It’s the opposite of what usually happens this time of year.
What does that mean?
We have been saying this for a while now, but it bears repeating. Rising inventory and declining sales are indicators of a shifting market. A shifting market isn’t necessarily a crash or huge recession. It just means days on market are longer, prices may drop a bit, and the buyers will begin to have more leverage in negotiations. As a seller, it’s important to beat the competition in early 2019 as this listing trend is likely to continue.
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