NOW is ABSOLUTELY the best time!
We all know that home sellers have had the upper hand for several years, but those days are behind us, and though the market has slowed, there are still buyers out there. The difference now is that higher mortgage rates and lower affordability are limiting how much buyers can pay for a home.
Because of this, I expect listing prices to pull back further in the coming year, which will make accurate pricing more important than ever when selling a home.
In Seattle I expect somewhere between 9 and 15% continued drop. (That’s around 1% per month but still much less than we saw in many cases last year.)
“As a side note remember we saw some areas literally increase by 100% in a single year during the pandemic.
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