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Sellers who bought in the past 4-5 yrs are unrealistic as the market cools

Reddit r/RealEstate·u/Daisy_232·about 1 month ago
#gEg8bos1
#market#bought#sellers#house#past#article
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Sellers who bought in the past 4-5 yrs are unrealistic as the market cools Story time/rant. House hunting and I’ve come across SO many listings in the Dallas burbs where it’s like the same things happening on repeat: overpriced, flaunting “new updates” that the previous owner did, rough cosmetic shape inside, and sitting on the market a long time or yo-yo-ing on and off with reductions to the tune of 1-10k. ALL of these were bought in the past 5 years or so and it’s obvious the sellers want to make a profit or at least break even. I feel for them, it’s tough to have “won” in a competitive market and then try to sell and lose that interest rate and then some. The reality is the market is shifting and they’re shooting themselves in the foot. Against my better judgement I offered on a house like this because I liked it, I gave a lower offer still a bit above comps despite cosmetic issues.…

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