From FOMO to Facts: A Summer Shift in the Housing Market Peak?
From FOMO to Facts: A Summer Shift in the Housing Market Peak?
It’s already behind us.
The signs are subtle but it’s time to pay attention:
- More price drops - 30%+ in my neighborhood
- Less buyer urgency
Some buzz we saw in April? Gone by June.
Sellers holding out for pandemic-era pricing are facing harder reality checks. Meanwhile, buyers are no longer rushing, they’re running the numbers and circling back some time later which is likely how the market should be.
We’ve officially moved from a FOMO market to a “show me the numbers” market because those numbers aren’t making much sense.
This isn’t all doom and gloom. It’s clarity. The boom and bust markets seem to be doing just that.
If you're a buyer: you’ve got some leverage.
If you're a seller: it’s time to price with precision.
Let’s talk strategy, because emotion won't sell your home in this market, but the right data will!
📲 DM me or email me at chris@fitzpatrickre.com to chat about your real estate goals.
It’s already behind us.
The signs are subtle but it’s time to pay attention:
- More price drops - 30%+ in my neighborhood
- Less buyer urgency
Some buzz we saw in April? Gone by June.
Sellers holding out for pandemic-era pricing are facing harder reality checks. Meanwhile, buyers are no longer rushing, they’re running the numbers and circling back some time later which is likely how the market should be.
We’ve officially moved from a FOMO market to a “show me the numbers” market because those numbers aren’t making much sense.
This isn’t all doom and gloom. It’s clarity. The boom and bust markets seem to be doing just that.
If you're a buyer: you’ve got some leverage.
If you're a seller: it’s time to price with precision.
Let’s talk strategy, because emotion won't sell your home in this market, but the right data will!
📲 DM me or email me at chris@fitzpatrickre.com to chat about your real estate goals.
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