Anthrea Mitchell - Realtor

More Sellers Are Taking Their Homes off the Market. Here’s What You Need To Know.

If you’re seeing headlines about how a record number of sellers are taking their homes off the market, don’t panic. It’s not a warning of an impending crash. It’s a market adjusting.

More Sellers Are Taking Their Homes off the Market. Here’s What You Need To Know. You may be hearing that a near-record number of homeowners are pulling their houses off the market.

You may be hearing more homeowners are pulling their houses off the market. Maybe you're even worried that means we’re headed for a crash...

Here's what you should know.

There are 4 main reasons more sellers are de-listing right now – and none of them are “the market is about to crash.”

This trend is really about sellers adjusting to a market that needs the right price and the right prep.

And when a homeowner misses the mark on price or prep, sometimes taking a house off the market is a good way to take a beat and reset their strategy.

It’s not a warning sign of broader trouble to come.

If you have questions about something you’re hearing online or what something means for the market as a whole, reach out.

Think Home Prices Will Crash? Here's What the Experts Actually Expect.

A lot of buyers are waiting because they think prices will fall, but that’s not what the experts are saying.

If you're trying to decide whether waiting still makes sense, let's connect. That way you understand what's happening in our local market and what it could mean for your plans.

Think Home Prices Will Crash? Here's What the Experts Actually Expect. One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down.

If you spend enough time online, you'd probably think home prices are crashing or they’re about too.

But the data tells a different story.

According to Realtor.com, home prices are still rising in 71% of housing markets across the country.

That's the majority of markets.

Yes, some areas are seeing slight price declines. But they're the exception, not the rule.
That's why it's important to be careful about where you're getting your housing market information.

The internet loves dramatic headlines. The data usually tells a more complete story.

Want to know what's actually happening with home prices in our area? Send over a message.