Twenty Siz In Twenty Two

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Here we are three weeks into February…. Where is the market?

Well we’ve had 26 condos go under contract in the first three weeks of February. 513 Available. I guess the inventory isn’t going anywhere soon. BUT good units will move. Sellers still aren’t giving it away.

Everyone else is giving it away in this economy…the difference is that sellers are not a business. It’s not retail, it’s not wholesale.

Buyers who are waiting until the big summer sale may find the time with the most choice, the least competition and the best leverage to negotiate has passed them by. It’s like the Macy’s clearance event. Yes. you save money but you are buying end of season that has been picked over. Better to buy at the big sale at the beginning of the season and still get 60% off.

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