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Navigating the Shifting Real Estate Market: Insights and Trends

In this episode, Vito delves into the current challenges faced by sellers in a transitioning real estate market. With insights from Ryan Lundquist's data and charts, the discussion highlights the shift from a long-standing seller's market to a more balanced or even buyer-favorable landscape. Key points include the role of high mortgage rates, the necessity for price concessions, and the importance of realistic pricing based on recent comps and property conditions. Vito emphasizes that sellers need to adapt to market changes to ensure successful transactions. The episode also features a comparison of property listings at different price points in Santa Clara County and tips for homebuyers on making informed decisions.

DON'T TAKE MY WORD FOR IT - Sellers are struggling to listen to the market
Homebuyers Have Been Retreating, and Now Sellers Are Too
Mortgage Rates this week
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What you get for $2MM Santa Clara County
AIDA: Attract, Interest, Desire, Action
What you get for $1MM in SILICON VALLEY
Inventory And Supply Charts
FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

00:00 Introduction: The Struggles of Sellers
00:23 Market Trends and Insights from Ryan Lundquist
00:59 Shifting Market Dynamics: From Seller'