Why I Think We’re in a Buyer’s Market Right Now in Nashville
If you’re not watching this video in quarter 3 or probably q4 of 2022, this may not be relevant for you. I’m not saying don’t watch it, I’m saying you may have to fact check me. I normally try to put out stuff that can last a long time and be relevant, but that’s just not possible all the time. Do the thing, please like the video, because it does help me out and we all know this channel needs to be in more eyes 😉
Now this is short… this is why I think we’re in a Buyer’s market right now. Sellers are getting and excepting offers lower than asking… like 10, 15, 20, 30k below. Also there appear to be a lot less buyers than listings at the moment – 2000 more homes on the market since June! That means less competition for your dream home, next investment, or whatever you’re looking for. I know rates are high, but there are ways to combat that, I’ve covered it before maybe I’ll cover it again.
Why is this so important?? I have been licensed since 2019. I’ve done dozens of deals in that time and I work with people that have been around doing this for decades. With the real estate market in this town so strong, this is a unicorn moment. Once in a blue moon. Not gonna happen again any time soon, more than likely. I’m not pressuring but I am stressing, it’s not a good time to wait, at least be looking. At minimum go to my site and set up an alert for yourself so when the places you’re looking for come up for sale, you know it.
That’s it. I’ll talk to sellers in the next one. This isn’t a race or a competition. It’s the dirty deets folks. See you soon.