Investor Agent

This is what a popped-bubble looks like in real estate.

Current situation: Many sellers are still stuck in yesterday's prices AND buyers are priced out of the market due to:

⬆️ Historic consumer debt
⬆️ Inflation
⬆️ High interest rates.

SO, time will tell, but until the economy strengthens and the above comes down, the ONLY way to bridge the gap is for prices to come ⬇️ . . . and they will; it's the only lever to pull at the moment for our industry to thrive.

25-30% of real estate listings are 100+ days on the market
25-30% of real estate listings have seen price-drops.
25-30% of Pendings fall through and go back Active.

Sellers are feeling the effects of the economy, as well, and they will NEED to have access to their equity. To do this, they will sell at a discount to realize/capture any equity they may have in their homes.

Strap in folks . . . this may get bumpy.

Not sure how to best navigate a "Down-Market?"
Join our community: JoinInvestorAgent.com

Are you ready?

BLACK FLAG!!!

The market is changing significantly. The tide is turning from retail to investment, once again (see '08). There is a lot of pain in the economy and distressed assets will once again rule the day. Boats filled with investor/cash-buyers are fast approaching in preparation to feast on discounted deals. You too, must prepare for the market ahead. Will you be ready?


RH Richards