Seller Psychology — Dave: sellers aren’t staying put for their 3% rate — life events drive moves (empty nesters, new jobs, growing families). The ‘golden handcuffs’ narrative isn’t matching the data.
#SellFor1Percent #ColumbusRealEstate #ColumbusOhio #MortgageRates #HomeSellingTips
Full Transcript
And I think that you know people are again we talk about the new norm and I think that rich at that six and a half percent is kind of the new norm You know just rates are just kind of sitting there Um Jay uh I don’t and we could probably go to next April on your 6 000 active listings Um I don’t know that we would be there even if interest rates were still in the I think if interest rates were less like in the high fives that you would have less inventory Cause I think there would be more buyers in the market as a result of lower interest rates And so they would be pulling those listings off I don’t think that sellers are waiting for interest rates to drop I mean one of the things that we’re we’re.