Are prices coming down?
How about some bookmark love? ::
If you are a seller right now in Laguna Niguel, I have to tell you that the most common question being asked right now is, "Are prices coming down, is the market softening?" This shows that the buyer mentality right now is to wait a bit to see what is going to happen. It helps when they understand just how many situations are leading to multiple offers (read property bidding war). Even right now, our friends at the OC Register continue to proclaim doom and gloom on a continued basis. Nevermind about the offers manifesting daily. The market does breathe, and by the number of buyers, and their timeframe to make a move the market is about to make a big inhale. Buyers who aren't already in the mix right now, and researching their next property are going to feel as if they are late to market again, when the news surfaces about these multiple offer situations.
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