Jaime Sermeno - Insight 380
🚨 Realtor Market Alert: The Market Is Shifting
I’m starting to see appraisals come in below the agreed-upon sales price, and I believe this is an important signal of where the market is headed.
Sellers may be setting the asking and contract price—but buyers are ultimately determining what they can afford and, in many cases, the final price that will actually close.
Today’s buyers are focused heavily on affordability and monthly payment, not just the purchase price.
The good news is that there are mortgage strategies and financing options available that can help improve a buyer’s purchasing power and monthly payment affordability.
I’m starting to see appraisals come in below the agreed-upon sales price, and I believe this is an important signal of where the market is headed.
Sellers may be setting the asking and contract price—but buyers are ultimately determining what they can afford and, in many cases, the final price that will actually close.
Today’s buyers are focused heavily on affordability and monthly payment, not just the purchase price.
The good news is that there are mortgage strategies and financing options available that can help improve a buyer’s purchasing power and monthly payment affordability.
