Irwinablerealestatesolutions

If your listing isn’t getting traction, here's what you need to realize.

Homes are sitting longer today. And one of the reasons why? Overpricing like it’s 2021 again.

Unlike a normal market where list prices keep rising, they’ve actually been flat for over 3 years. And that’s a change worth paying attention to.

List prices have leveled off because buyers are being more selective as inventory has grown over the past few years. There are more homes on the market, and sellers need to take note.

So, if your home isn’t getting showings or offers, take it as a sign to check in with your agent. A small price adjustment could be the move that gets buyers through the door.

Because in a market like this you can’t just wait it out and hope for the best. Patience won’t sell your house. But the right price will.

Overpricing doesn’t just cost you offers. It can cost you the move you need to make.

Over half of agents today say they’re seeing more sellers pull their listings off the market than normal.

And the #1 reason for that? The sellers aren’t getting offers they think are fair.

A lot of the time, those sellers expect to get the sky-high price their neighbors got a few years ago. But that’s not how the market is today.

That means they never get to relocate for a job, have more space for their growing family, or move closer to their aging relatives. All because of their asking price.

Don’t let outdated expectations stall your plans too.

Want to know what I think your house could sell for? DM me.

If your house isn’t selling, it may be your price.

The #1 reason homes aren't bringing in offers today is because they’re priced too high for the current market, and that’s turning off buyers.

But here’s the good news: you probably don’t need a big price cut to get results.

Data shows the typical price reduction right now is only about 4%. And that small shift in your pricing strategy can make a real difference.

If you’re ready for something to change, you have to be willing to make a change.

Ask your agent how much they recommend based on what’s selling in your neighborhood right now.

Affordability is improving in many markets. And that resets the math on your move.

If you’ve been sitting on the sidelines, this is your cue to start looking again. Let’s run the local numbers together so you can get a rough estimate of how much more buying power you may have than you did just a few months ago.

The $280 Shift in Affordability Every Homebuyer Should Know If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. 

Would you let $80 hold you back from buying a home?

Because that’s about all you’ll save per month if mortgage rates drop from where they’ve been lately to 5.99%. Of course, that’ll give or take a bit based on your price point and the rate your lender quotes you.

Rates have already come down enough to save buyers almost $400 a month compared to what they would have spent on a typical home earlier this spring. So, waiting for that last tiny dip could mean missing your shot.

Because when rates do fall below 6%, mindsets will shift, and more buyers will get back in the market.

That’ll create more competition for you. And it may drive prices high enough to cancel out the savings you’re waiting for.

So, is $80 a month really worth the wait?

Let’s run the numbers for your price point in our market, so you can see exactly what you’re working with. The difference may not be as much as you think.

Big news for homebuyers. Affordability has hit a 2.5-year high.

And here’s why.

Mortgage rates have been trending down and home prices are moderating.

That means the math on buying a home looks a lot better than it did the past couple of years.

If you’ve been waiting for a sign that it’s time to take another look, this is it. The affordability challenge isn’t solved, but it is better.

Let’s see what’s possible now. DM me if you want to see how this changes your buying power.