Central Ohio Real Estate Blog

What are you waiting for?

I've been a real estate agent since 1996...that's over 27 years serving buyers and sellers in many different markets.  I've seen the up's and I've seen the down's.  When anyone finds out I'm a Realtor, the most common question I get is, "How's the market?"  Today it's no different, I still get that question, however, the conversation is often finished with, "I'm going to wait".  So my question to you today is, what are you waiting for?

In 2021, we had virtually no inventory , (as is still the case today),  and lots of buyers; couple that with the historically low (I mean never been that low) interest rates and we saw a perfect storm of buyers willing to pay anything to buy a home and sellers walking away with tons of money in their pockets!  But, in 2021 I heard many buyers say "I'm going to wait" because they didn't want to "overpay" for a house and they were SURE that the prices would come down. ...