There may be a vast inventory to choose from, but there are distinct comparisons to draw from, when strategizing your initial offer.
Unfortunately there still exists the seller who believes that their home should still command the pricing of 2006. It's fine to take a look, but these sellers are generally not planning on moving soon as they have little motivation, evidenced by their refusal to accept the market realities.
The balance of the homes you'll see, however, are usually priced close to market. A careful negotiating strategy can help you determine the degree of seller motivation as well as how they'll most likely be responding to your subsequent counter-offers.
The relationship you have with your agent/broker, will determine what and how much advice he or she can provide.
Seller's Agent? You're pretty much on your own.
Dual Agent? Again, you're in a position to fashion your own ideas about your negotiating strategy.
Buyer's Agent? Quite honestly, the best possible relationship to help you orchestrate the best possible terms, review comparisons, etc.
Regardless...if you're in the market for a new home, and investment property or a vacation destination...............Now is certainly the best time to find the perfect property.
Please always feel free to call or text me with any questions; I'm happy to be your resource for anything "Real Estate" even if you're not buying or selling a home at this very moment.