Hyde & Associates Realty
1325 Arizona St. Boulder City, NV 89005
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Hyde & Associates...Nevada's Trusted Advisor For Over 30 Years
You Can't Handle The Truth!! Or Can You?
I'm Only The Messenger!
Only 1 out of 13 homes on market are actually selling ! There are less and less loans available for buyers ! Buyers are on the sidelines watching the market as home prices fall ! Experts say home prices will drop another 5-12% in 2008 !
Inventory continues to climb as escrows keep falling Sounds bad eh? Well for some it's a nightmare! Many homeowners are dying to sell for one reason or another. Whether it be job transfer, retirement move, facing foreclosure, or just to be closer to family...people all over the valley are highly motivated to sell and are willing to do whatever it takes to sell.
They are willing to fix up the house to make it show like a model and price it at the low end of the spectrum...and guess what? Many are still not selling. It's basic supply and demand. Too much supply... and nearly no demand! So as I say to potential sellers when I sit with them...!Do you really need to sell? Because if you don't have to...then don't try in this market.
Phrases like ! We're not in any hurry to sell!... or... Well..I'm not gonna give it away! are huge red flags to your Real Estate agent in this market. For we know from experience that if the motivation and ability is not there...especially in this market...you won't even have a chance at selling. So if you truly do not have to sell...then don't...and let the people who really need to sell have a better chance!