As with many things in life, the real estate market and trends too can always be changing.

Some months or periods of a real estate market trend, it is a “buyers” market, where the buyers are in control of the market in both strike price and time to extend an offer.  In the “sellers” market, owners are getting the price they list for (within reason) and days on market (DOM) or days to offer (DTO) is relatively short.  Tara-Nicholle Nelson a broker in San Francisco, and writes for Trulia details “3 Hot Market Horrors” and the effects on a local real estate market trend, and potential ways to handle issues in a hot market.  The 3 general hot market horrors

are very general in nature that are listed below.  Factors that come into play or key to any real estate market is the supply of available homes, condos, townhomes that may be available at any give time on market.  Local economic conditions play a huge factor in the housing market.

#1. The Headless House Hunt(er) – rising prices and multiple offers.

#2. Hot Market, Cold Listing – is the property overpriced?

#3: A New Flavor of Stuck – wait, the offer price will come.

For full details of #1 > #3, CLICK HERE for the full article

Cliff Daniels
Active Properties
720 434 1418
cliff@actprop.com
Boulder Colorado