For buyers, longer days on market mean you can compare options, research flood zones and negotiate repairs. Watch for price cuts as listings linger. Sellers should price competitively from the start, refresh staging and be willing to offer concessions like closing-cost credits. Don't panic if your home doesn't sell in a few weeks; adjust strategy rather than wait too long.
By following these simple tips, you'll feel more confident about buying your first home.
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Days-on-market data August figures showing longer selling times and why they matter
Negotiation ideas Tactics for buyers to get deals and sellers to stay competitive
Strategy tips Advice on timing price adjustments and refreshing listings