""In the wake of the recent conflict in Iran, buyers have turned more cautious. Across the county, the number of houses going into contract has slowed.""
""Santa Clara County's market is in full spring mode. Inventory is picking up, but demand remains strong, especially for single-family homes, where well-priced, move-in-ready properties are still selling quickly.""
""The days of houses selling as-is with a quick transaction seem to be behind us, with buyers being more selective.""
""Sellers should be selective and work with experienced real estate professionals who can help them with strategic pricing and target marketing. Overpricing leads to being penalized in the current market.""
The outbreak of conflict in Iran has led to increased caution among homebuyers, resulting in a slowdown in the number of houses going into contract. While inventory is rising, buyer hesitance is evident. The stock market's volatility also affects buyer confidence, particularly in areas like Santa Clara County, where demand for single-family homes remains strong. Sellers are advised to be realistic with pricing, as overpricing can lead to penalties in the current market. This situation presents opportunities for buyers in a less competitive environment.
Read at San Jose Spotlight
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