Weichert, Realtors - The Gainesville Team
We're in a very normal real estate market. We've just gone thru one of the greatest real estate booms. What sellers are not used to is... having to adjust their prices, it taking longer to sell and less demand.
Value is relative to every individual area and property. And a "good deal" is different for everyone. A house is a commodity and markets are just adjusting to all these changes.
It is a great time to buy. A buyer has the best of everything..choices, time, motivated sellers and extremely low interest rates. And as a seller, homes that are priced competitvely and in great condition are selling. Plus if they're buying another home, their usually making up any perceived loss on their next purchase. It all balances out.
Vaughan and Company, Inc.
Good question. The easy answer is "it depends", it depends upon your location. I represent clients in Charleston SC Metro Area and we have some price pressures in our market but up the road in the Columbia there market is up this year. The old saying holds true in this market and that is location, location location.
I wrote a three part summary of the Summit which you may be interested in reading. I have given the link for part 1 below and it will have links to the rest.
If you are in the market to buy a home. Do your research, interview and pick a good realtor , and have fun picking your home from the many that are available, at a good price with good interest rates.