Just when I thought i was done......

[Alfa02]

Come on up (Across?) here Dennis, be happy to have you The roads here in the PNW are just made for driving, you get used to the rain, and it just makes it that much more special, when the roads are dry, it's 72degree and everything is right with the world We'd be happy to show you around, PM me. Our smaller counties never had emission checks (Kitsap, Mason, Jefferson, Clallam), just King, Pierce and a few bigger ones. Cheers Tom.

[Harpoon PV2]

Originally Posted by Alfa02

Come on up (Across?) here Dennis, be happy to have you The roads here in the PNW are just made for driving, you get used to the rain, and it just makes it that much more special, when the roads are dry, it's 72degree and everything is right with the world We'd be happy to show you around, PM me. Our smaller counties never had emission checks (Kitsap, Mason, Jefferson, Clallam), just King, Pierce and a few bigger ones. Cheers Tom.

I actually have a property just outside Sequim book marked, that I like, just seeing if it will come down a bit. Been on the market for 78 days, so who knows! Cheers, Dennis

[twobjshelbys]

Originally Posted by Harpoon PV2

I actually have a property just outside Sequim book marked, that I like, just seeing if it will come down a bit. Been on the market for 78 days, so who knows! Cheers, Dennis

I follow two markets - Vegas and our little town in Colorado.

Vegas is seeing price reductions and longer days-on-market.

Northern Boulder county had seen huge price increases - 2x over the past two years. Our old house is now over 1.2M. One that went on the market less than a month ago for about 2M has seen a 400K reduction in the past few weeks.

Overpriced markets are correcting!!! The days of bidding wars and selling over asking price are gone (or going soon).

Time to make an offer on it... The seller is faced with a "time to value" proposition. If you can pay cash - even if you finance it's the same as cash if you are pre-approved and don't have to sell another place first - you are in the driver's seat. If you like it and can afford it, even if it might not be at the low, you'd be in control.

Interest rates - which are more like the typical rates not too long ago - are reducing the buying power for lots of people.

[mrmustang]

Originally Posted by twobjshelbys

Originally Posted by twobjshelbys

Overpriced markets are correcting!!! The days of bidding wars and selling over asking price are gone (or going soon).

I can attest that the days of houses spending hours on the market, with multiple bids in the first few hours has diminished. Houses that were spending a day on the market with 20 people showing up to view the house, is behind us in the markets I follow. This covers raw land, and 3brm and up, $400K+ , the lower end of the market is a rarity these days, one I'm not reviewing on a daily basis in the 8 specific zip codes in multiple states that I do.

Bill S.