Pending Home Sales Dip
Like those of the cheese and spinach variety, this “dip” is good! The slow, recent decrease in pending home sales means the market will be shifting from a seller’s market to a buyer’s market. While it is not 100% a buyer’s market, it certainly feels a lot like one and we’re heading in that direction. Houses are staying on the market for a few days instead of selling in hours. This summer in Omaha, we witnessed near historically low listing times. Homes were flying off the market, giving a great number of hopeful homeowners little chance. So, anyone who gave up house hunting this summer should get back out there! This is an especially good time for first-time homebuyers.