Current Real Estate Market: A Seller's Perspective In a real estate market where the inventory of available homes is markedly lower than in typical years, it's unusual for a property to remain unsold for an extended period. This section of the article provides an overview of the current market dynamics, emphasizing the unique position of sellers in what could be termed an "inventory desert." This backdrop sets the stage for understanding why a home might not be selling in a market that, by all accounts, should favor sellers. The Impact of Asking Price in a Sensitive Market The focal point here is the asking price of your property and its critical role in the current real estate market. With heightened mortgage rates affecting buyers' budgets,... Read more
Why has your home not sold?
December 25, 2023
(updated December 25, 2023)
Published by Sofia Allen