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Anecdotal, but I've been monitoring homes on Zillow for a while now hoping to find my first purchase. There's usually 2-3 dozen news ones within 5 miles of my c
by apocalyptic0n3 6y ago
Anecdotal, but I've been monitoring homes on Zillow for a while now hoping to find my first purchase. There's usually 2-3 dozen news ones within 5 miles of my current location that were listed in the last 14 days. I checked this morning and there are 200+, and that was after filtering out new constructions, apartments, and condos which I normally I don't do. I was a little shocked at how many there were. No change in prices, though. I'm assuming this is a bunch of owners wanting to sell before the market falls and their home is worth less.
- uptown 6y agoPartially, yes. But real estate is also typically very seasonal for many regions. Spring is traditionally the peak selling season, so you'll see an increase in homes hitting the market this time of year.
- thehappypm 6y agoIn my region (Northeast US), nobody even thinks of selling until May, and summer is when the vast majority of homes hit the market.
- supernovae 6y agoIt is moving season...