Wait-and-See Buyers May Lose Out

Real estate agents have seen increasing numbers of prospective buyers repeating what has become a familiar pattern. In the current slower market, many buyers hesitate to make a purchase decision even when their search criteria have almost all been met by a property they have viewed. However, many prospective buyers may look back with regret if they are not prepared to make offers when a home meets their needs.

Of course this reluctance has served well from one point of view. Clearly prices have been in a downward trend for quite a while even in relatively stronger market areas.

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