Friday, December 12, 2025

SCCL PRICE REDUCTIONS ARE INCREASING

Chart below will be updated as changes occur.





In my September 1st posting about OUR CHANGING MARKET, I mentioned that SCCL is seeing an increasing number of price reductions. According to an article by Keeping Current Matters that I posted yesterday, titled Why 50% of Homes Are Selling for Under Asking and How To Avoid It,  "that isn’t necessarily bad news, even if it feels like it. Here’s why. The wild run-up over the last few years was never going to be sustainable. The housing market needed a reset, and data shows that’s exactly what’s happening right now."  

Sound decisions can only be made with accurate and reliable information.  If you haven't had a chance to read the postings mentioned above, please be sure to do so.  It's in your best interest to be well-informed.

If you have questions or would like to discuss our current market, please contact me.  I'm always happy to answer your questions. If you're currently working with a real estate professional, this is not intended to be a solicitation. 

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