Comments on: Lack of Buyers? http://www.thetimwoodgroup.com/2010/01/09/lack-of-buyers/ Professional, knowledgeable real estate group serving the Big Bear, CA area. Tue, 22 Nov 2011 10:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tyler Wood http://www.thetimwoodgroup.com/2010/01/09/lack-of-buyers/#comment-989 Tyler Wood Sat, 09 Jan 2010 21:52:32 +0000 http://www.thetimwoodgroup.com/?p=3885#comment-989 Thanks Michele. I still think there are plenty of buyers out there ready to buy but they are waiting for the aggressively priced properties to hit the market. A lot of the people who are buying now have been looking for 6-12 months, waiting for the right ones. Affordability in CA is near 70%. Compare that to 20% a few years ago. That's a lot of people. Thanks Michele.

I still think there are plenty of buyers out there ready to buy but they are waiting for the aggressively priced properties to hit the market. A lot of the people who are buying now have been looking for 6-12 months, waiting for the right ones. Affordability in CA is near 70%. Compare that to 20% a few years ago. That’s a lot of people.

]]> By: Michele Holloway- Realty Executives Big Bear Lake http://www.thetimwoodgroup.com/2010/01/09/lack-of-buyers/#comment-988 Michele Holloway- Realty Executives Big Bear Lake Sat, 09 Jan 2010 21:29:39 +0000 http://www.thetimwoodgroup.com/?p=3885#comment-988 Tyler's right. Every appt I go on comes with the same frustrations and confusions from the seller. Sellers are growing weary of seeing their neighbor's homes sell at rock bottom in a month yet theirs remains. They believe its the economy and the shadow inventory to blame. As long as we are honest in sharing the market conditions and urge our sellers to be the price leader in every instance, we will be successful in helping our clients and getting our job done right. As far as there being plenty of buyers...Not sure about that since buyers are now more cautious and their process of selecting has completely changed. Things are picking up however! Tyler’s right. Every appt I go on comes with the same frustrations and confusions from the seller. Sellers are growing weary of seeing their neighbor’s homes sell at rock bottom in a month yet theirs remains. They believe its the economy and the shadow inventory to blame. As long as we are honest in sharing the market conditions and urge our sellers to be the price leader in every instance, we will be successful in helping our clients and getting our job done right. As far as there being plenty of buyers…Not sure about that since buyers are now more cautious and their process of selecting has completely changed. Things are picking up however!

]]>