The real estate market has been volatile recently, creating a situation that can appear adverse at first glance. A closer look, however, reveals a fantastic opportunity for would-be homeowners. We at Greg Doohen Realty Group are no strangers to the market's ups and downs, and the present situation is no different. A silver lining remains for people wishing to invest in a property despite the fact that rising borrowing rates and lesser inventory have reduced the buyer pool.


Due to the current state of the market, sellers are feeling a greater sense of urgency and are more open to bargaining. An astonishing 88% of the properties we've closed on this year have had some sort of buyer incentive, be it a price reduction, a rate buydown, or some other concession. The tide has turned in favor of purchasers, and this is a telling sign of the market's new equilibrium.





In addition, purchasers are in a better position to bargain for lower prices on inspection-related costs. Most re ...