{"id":689,"date":"2020-04-16T15:17:11","date_gmt":"2020-04-16T15:17:11","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=689"},"modified":"2020-04-16T15:17:11","modified_gmt":"2020-04-16T15:17:11","slug":"todays-homebuyers-want-lower-prices-sellers-disagree","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/todays-homebuyers-want-lower-prices-sellers-disagree\/","title":{"rendered":"Today\u2019s Homebuyers Want Lower Prices. Sellers Disagree."},"content":{"rendered":"
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Today\u2019s Homebuyers Want Lower Prices. Sellers Disagree.<\/p><\/div>\n

The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell\u00a0real estate<\/a>\u00a0is changing. This is a moment in time that\u2019s even sparking some buyers to search for a better deal on a home. Sellers, however, aren\u2019t offering a discount these days; they\u2019re holding steady on price.<\/p>\n

According to the most recent\u00a0NAR Flash Survey<\/em><\/a>\u00a0(a survey of real estate agents from across the country), agents were asked the following two questions:<\/p>\n

1. \u201cHave any of your sellers recently reduced their price to attract buyers?\u201d<\/em><\/strong><\/p>\n

Their answer: 72% said their sellers have not lowered prices to attract buyers during this health crisis.\u00a0<\/em><\/p>\n

2. \u201cAre home buyers expecting lower prices now?\u201d<\/em><\/strong><\/p>\n

Their answer: 63% of agents said their buyers were looking for a price reduction of at least 5%.<\/p>\n

\"\"

Buyers Want Lower Prices. Seller Disagrees.<\/p><\/div>\n

What We Do Know\u00a0<\/strong>\u00a0<\/strong><\/h4>\n

In today\u2019s market, with everything changing and ongoing questions around when the economy will bounce back, it\u2019s interesting to note that some buyers see this time as an opportunity to win big in the housing market. On the other hand, sellers are much more confident that they will not need to reduce their prices in order to sell their homes. Clearly, there are two different perspectives at play.<\/p>\n

Bottom Line<\/strong><\/h3>\n

If you\u2019re a buyer in today\u2019s market, you might not see many sellers lowering their prices. If you\u2019re a seller and don\u2019t want to lower your price, you\u2019re not alone. If you have questions on how to price your home, let\u2019s connect today to discuss your real estate needs and next steps.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Real Estate Market Finish Reading Today\u2019s Homebuyers Want Lower Prices. Sellers Disagree.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,10,18,16,158,9,49,159,42,40,63,12,48,13,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/689"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=689"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/689\/revisions"}],"predecessor-version":[{"id":692,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/689\/revisions\/692"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}