Have you heard the saying, “You don’t know the market has bottomed out until you’ve bounced up off that bottom, and are already on the way back up?”
Well the same can be said for when the market is going the other direction, and in May and June of last year, a lot of sellers and listing agents weren’t aware that we had rolled off an April real estate peak, and seemed to be two months behind.
As the market did continue to change, there was always a spring-like sale mixed within the pack, and you just hoped you didn’t find yourself up against six other bidders, in a market that was supposed to be cooling…