Buyer Fatigue

People ask me everyday what do I think about this market. Well, it is interesting to say the least. But it is also incredibly stressful for everyone. The sale prices often bear no reflection on what we realtors think is the market value. Recommending listing prices to sellers and purchase prices to buyers becomes difficult. While sellers are often very happy at the price they get for their home, buyers are frequently disappointed to lose out in multiple offer situations. I thought the article below did a good job of summarizing the buyers' situation.  Read more