This agent is expressing the same thoughts being told to sellers all across the country today. The vast majority of realtors have only known a raging seller’s market over the last 15 years, and they don’t know any different.
But what if the buyers don’t come?
It’s why I’m certain that sales will start suffering long before anyone thinks about lowering their price. Hope the sellers don’t mind the wait and inconvenience.
Sellers deserve to know that it’s possible we’re at the all-time peak. As boomers age out, home pricing could start a slow, gradual decline – especially if we’re out of buyers willing to pay $2 million for a 30-yr old tract home in Carlsbad.
Because buyers are on their own now, they will probably just buck up eventually and pay the seller’s price – unless they wait long enough for more sellers to get antsy and one of them undercuts the existing unsolds to get out.
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