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It is coming. Yes, I said it. It is coming. A shift in the market sentiment is beginning to be felt as I hear from realtors that more and more properties are being relisted at market price as no or very few offers are coming in when listing at lower than market price and with an offer date.
The buyer's are getting tired of competing for 10+ properties and losing on multiple offers. Now, that the inventory is going up, albeit, slowly, sellers need to wake up to this reality and expect that their property may not sell on the offer date and it may take a little longer to get a good offer.
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