People Trying to Sell Homes Now Frustrated
People have been trying to sell homes now that have been on the market for months, or worse - 2-3 years in some cases, and simply will not garner any buyer interest right now. The seller’s market is absolutely horrendous right now in the home buying realm, by most accounts from real estate agents and home sellers.
On the other hand, home buying is a good place to be right now. The problem is, there are too many home sellers and not enough buyers right now. Home sellers are becoming frustrated, since they basically have to wait for their homes to sell to go about with their business and buy a new home or even move on a new home.
Back in 2004, the home buying market was a booming business - people were buying homes, and many times, sellers were making a killing on the sales, since valuations were also up. This is definitely not the case now. Value may be up, but the lack of market is creating forced lowered pricing right now.
