A year ago, homebuyers were more inclined to act on a macro level when looking at the low supply of available homes and the incredibly high demand. The supply is growing, which leads to more choices; giving buyers the ability to comparison shop. The market has shifted a bit to a micro level determining a home’s value based on the growing supply. Remember, a home is worth what a buyer is willing and able to pay. The ‘willing’ part is really key right now because it is more directly tied to a specific home, rather than any home. Continue reading