November 20, 2005

Buyer's Market Gains Steam

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Buyer's Market Gains Steam

- by Jeff Hoffman

© Jeff Hoffman- All Rights reserved
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With each passing week my prognostications about the local real estate market are proving to be right on the mark.

A few days ago the Sacramento Bee's real estate columnist Andrew LePage confirmed what I've been telling my seller clients since May 11th, that the market is correcting quickly. The large gift of equity that we've all been given over the past 3+ years is in the process of being whittled away.

The article reports "When it comes to home-buying, sellers in the Sacramento region appear to have lost the upper hand, across all price categories...the result is that sellers have significantly less negotiating power than they did just a few months ago - even for lower-cost starter homes. TrendGraphix reports there are no price ranges in any of the region's four counties that favor sellers, based on the time it would take to sell all the homes available in each price category."

Read the entire article here Buyers Gain Upper Hand As House Sales Decline

Selling your home in a softening market requires a much different strategy than when times are good and buyers are plentiful. I've identified 10 specific challenges of a changing market and how any seller can overcome all 10 of them if they have the right roadmap for success.

Take a listen to my Podcast Challenges in a Changing Market to help you avoid the false starts and long delays that many homesellers are currently experiencing.

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Jeff Hoffman is the President of Hoffman Realty Group, Inc. and has assisted in over 100 relocation transactions during his real estate career. He is the creator of a powerful home selling system designed for the home seller not the real estate agent. To learn more about his Smart Seller Home Selling System visit
www.SmartSellerListing.com

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Click Here=> NEW FREE Book "18 Notorious Homes Selling Problems & How I Solved Them"-

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