Existing Home Sellers Face Stiff Competition from New Construction
As the #housingmarket shifts, existing #homesellers are encountering fierce competition from #newconstruction builders. With #mortgagerates around 7%, many potential #homebuyers are hesitant, prompting builders to…

#MortgageRates are still high, but #HomeBuilders can offer incentives that dampen the effect of the #HighRate/#HighMortgagePayment shock shock; #existinghome sellers have to compete with brand #NewHomes; more new builds are coming to market as projects complete, even if build…

Lots coming on as more projects are completed in a market that is not absorbing as well as when the projects started.
Very good marketing is needed to get these to move in such a competitive environment.
Keep 360 degree flexibility in mind...

#realestatemarket #newconstruction…

SELLING YOUR HOME IN A BUYERS MARKET:

Navigating a Buyer’s Market: The Importance of Flexibility

In a buyer's market, homeowners must adapt their selling strategies to effectively market their properties. Flexibility is essential for attracting buyers and facilitating…