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Seeing A LOT of new listings in a particular hot RE market
Poast new message in this thread
Date: May 25th, 2022 5:31 PM Author: Blue shrine an odd number of new listings are popping up. are sellers trying to get out before the crash? it feels like something is up. this is a market that has had very low inventory the past 1.5 yrs (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572948) |
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Date: May 25th, 2022 5:33 PM Author: glittery people who are hurt yup, last chance before it tanks. also it's summer. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572952) |
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Date: May 25th, 2022 5:37 PM Author: Blue shrine for these sellers, last chance might have been a month ago (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572971) |
Date: May 25th, 2022 5:34 PM Author: jet-lagged iridescent elastic band space Just out the market dude, you aren’t that important. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572954) |
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Date: May 25th, 2022 5:35 PM Author: Orchid big pistol Bangalore (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572958) |
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Date: May 25th, 2022 5:34 PM Author: Insanely Creepy Claret Mother Pit It's summer. More houses are listed in the summer. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572957) |
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Date: May 25th, 2022 5:35 PM Author: Amber vibrant becky school cafeteria (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572959) |
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Date: May 25th, 2022 5:35 PM Author: Cracking flushed nibblets university Especially around school year ending. Families want to move between grades. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572962) |
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Date: May 25th, 2022 5:38 PM Author: Blue shrine how do u explain why they're at 6 or 12 or 15 days on market, when things have all been selling in a day or two in this market? (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572977) |
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Date: May 25th, 2022 5:39 PM Author: Blue shrine also, wasnt xo convinced that bc of low rates nobody is ever selling again bc they locked in low refis or original mortgages? (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44572980) |
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Date: May 25th, 2022 5:51 PM Author: swashbuckling crimson stead People move over the summer so their kids can start fresh at their new school (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44573046) |
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Date: May 25th, 2022 5:57 PM Author: Blue shrine where are the buyers to buy all these places if the market is so hot? why are these houses sitting for 2 weeks? (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44573068) |
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Date: May 25th, 2022 6:00 PM Author: swashbuckling crimson stead In my area they're coming from SF, China, or India. In Idaho they're coming from CA. &tc. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44573079) |
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Date: May 25th, 2022 6:01 PM Author: Blue shrine BEEP BEEP BEEP
i meant, why arent buyers buying these places in 1-2 days like in the past? |
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Date: May 25th, 2022 6:03 PM Author: swashbuckling crimson stead Because there were far fewer available in March I presume. I agree the tide is turning, but you're still going to see high "existing home sales" for the next three months because it's summer. (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44573104) |
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Date: May 25th, 2022 6:09 PM Author: Blue shrine i agree it's not going to totally crash overnight. but a major tide is turning.
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Date: May 25th, 2022 5:58 PM Author: Blue shrine lol just asked our realtor in this market this Q. he's with redfin so not on commission. his response was "if i were you i'd sit this out and wait a couple months. these people missed the boat." (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44573074) |
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Date: May 26th, 2022 8:44 AM Author: Blue shrine (http://www.autoadmit.com/thread.php?thread_id=5116784&forum_id=2#44576175) |