Mylene Real Estate

A lot of buyers and sellers are holding back right now because they're worried we're headed for another 2008. But look at the numbers.

In 2008, homeowner equity and mortgage debt were nearly identical. That means, if someone hit a rough patch, they had almost nothing to fall back on. That's part of what made that crash so bad.

Today? Home equity is at $34.9 trillion. Debt is at $14.4 trillion. So, homeowners aren't stuck. They have equity built up in their homes – which means if they needed to sell, many could and they’d still come out ahead. They have a cushion.

This isn’t a crash. Today’s market still has a solid foundation.

And if worries about a crash have been keeping you on the sidelines, it might be worth having a conversation about what a move could look like for you right now.

Has anyone taken the time to explain how much the market’s shifted? Or what it means for your move?

In 2021, nearly every major housing market in the country favored sellers. But now, only about 1 in 3 does.

And that changes the dynamics for you.

If you’re buying, you may have more negotiating power. If you’re selling, pricing and presentation matter.

But here's the catch, it's not the same story everywhere. Some markets are strongly in buyers' favor right now. Others? Sellers are still winning. It all depends on where you live.

That’s why you need a pro. A great agent knows which way our local market is leaning and how that can change everything about your strategy.

Want to know what's happening right here? Drop a comment or send me a message.

There’s a reason only 5% of sellers sell without an agent.

The ones who tried selling solo point to the same three sticking points – getting the price right, knowing how to prep the house, and selling on time.

That’s a lot to juggle alone. And getting any one of them wrong can cost you time, money, or both.

But a good agent handles all the hard parts.

So, let’s connect when you’re ready to move, and we’ll chat about what a smooth sale looks like for you.

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.

Your house didn't sell and your listing expired. And the hardest part is you still don’t have a clear answer on why no one bought it.

You just know it didn’t happen, and now you’re supposed to decide whether to try again… or what to change.

Here’s what I’d do before you re-list: get a second opinion.

Because data shows homeowners who switch agents after their listing expires are more likely to see their house sell.

A different agent brings a fresh perspective and can run a quick reset.

The price. The marketing. The presentation. Chances are something in there needs to change.

You’re not stuck – you just need a better plan. And a partner who knows how to execute it.

If you want a second opinion, DM me the word “EXPIRED.”

I’ll take a quick look at what happened and tell you the first one or two changes I’d make to get traction.