The theme for 2019 has been “market shift”. Here’s my perspective.

The Real Estate market is not shifting - it has already happened and 2019 will look much different than 2018 for Sellers, Buyers, Agents, and Loan Officers.

As we enter 2019, expect to see a much different market than we have over the last half dozen years. More balance and more opportunities, but not across the board. I don’t have a crystal ball, but….

After years of escalating prices, bidding wars, and multiple offers we are seeing a market shift with more price reductions and homes selling for less than the asking price. In other words we are in the early stages of a market shift.