I’ve been out just about every day for the past few weeks showing homes to six different buyers. We’re looking at homes in the Foothills priced from $750,000 up to about $2.5mil. And my buyers are not tire kickers, they are ready, willing and able to buy, if only we could find the right home at the right price.
Two of the six buyers have found homes they like, we’ve been able to strike a deal, and put those homes in escrow. And they’re pleased.
But for the others, many of the homes we’ve looked at, and we’ve looked at dozens, are priced so hopelessly out of whack with today’s market, that no one is about to take the leap. When I mention this to the listing agents who call for feedback after a showing, they often prod me to make an offer - suggesting that the seller may well look at and consider offers, below, or even well below, the listing price.
Encouraging though that may be, why I ask, do you expect buyers to leap across that big divide separating fantasy from reality, without the seller meeting them at least half way. I’ve never gotten an answer to that, not one that makes sense anyway.
But reading between the lines, it’s become apparent to me that in many cases, and though they've been reduced somewhat, the listing agents are stuck with a price that was decided many months ago, before everything hit the fan. And with sellers who still refuse to admit that anything’s changed.
time’s running out though, just 31 shopping days til June
to search for Tucson Foothills Homes