2019’s Market Shift – 92127 Market Report 1/11/19

Last year was a great year for Windermere Homes & Estates, as we helped clients close over $1.5 billion in real estate transactions.
Tomorrow marks one year ago, that Tracy and I took advantage of an opportunity to switch brokerages and join the Windermere team.
As second year Realtors at the time, we made our decision because of the company leadership, training, tools, affiliates, and high caliber agents that we would be able to work with.
We couldn’t be more pleased with our decision, which fueled much of our success and positioned us to help more people in 2019.
Picking up where we left off in 2018, we are seeing inventory slack off again. One reason for this could be that sellers who were unsuccessful at the end of the year have decided to pull back for a bit.
For several months, we have seen homes remain on the market longer, and price reductions have become the new norm.
There is no doubt that some type of market shift or correction has already begun. To what extent this shift/correction will run, remains to be seen. Only time will tell…
We will continue providing updates, as we get the information…
Posted on March 3, 2019 at 10:10 pm
Jesse Garza | Category: Uncategorized

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