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Yikes right? It's unfortunate, but it's reality. What's the reason? Anywhere from buyers wanting the home up for sale to be in perfect condition before presenting an offer, to presenting a low ball offer on a home that needs work and wanting everything fixed anyway, to sellers not wanting to budge on a price they think their home is worth, despite what the market is telling them.
It all comes down to interest rates, which nobody has control over. But even then, when interest rates are down and homes are selling quickly, they are selling above market and buyers don't want to overpay. We've heard both ends of it. Here's the article in reference. What's your opinion?
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