10/10/2026
Today's Real Estate Market-Brutal Honesty
I have never had more open houses than this fall season. Every Weekend. Updated photos, AI graphics, $50,000 price reductions, lack of showings. Our Local Real Estate Market is highly STATIC; STATICITY is the absence of movement or activity. This is the shift from a Seller to a Buyer Market. This the the kind of market buyers should be looking at houses and considering offers. Especially for the very best quality homes that compete with new construction SELLING FOR LESS THAN REPLACEMENT COSTS. No expensive HOA, NO METRO DISTRICTS. Mature landscapes with larger lots than new construction, no overheard neighbor conversations! More Parking, Bigger garages (4 Car?), MOVE-IN READY, OFTEN BETTER THAN NEW..
Interest rates at 7.75% are TOO HIGH! Now is the time to look a a 7-10 Year Adjustble Rate Mortgage with a fixed rate for 7-10 years in the 6% range. Average home ownership is 7 years. Many of us have refinanced to better rates over time as the economy recovers. mANY OF US HAVE PAID 6% IN THE PAST. Even when interest rates fall the 2-3% Covid Rates are very unlikely
It costs nothing but your time to look and looking at quality homes is the best entertainment value! Many people find the best ideas for udating their homes.
The Power of Choice begins by looking at the Menu. If you don't buy this year you are better informed for next year. You get to know houses and neighborhoods better.
One of the biggest regrets in Real Estate.:
Driving by a house you looked at 5 years ago and wishing you would have bought.
Please excuse my BIAS as I helped my one-owner clients design and build this home in 2015, Collaboration of all parties at its best!
Todays open is at 1:00-3:00 at 6201 13th St Road at Fox Run. $699,000, reduced from $750.
