Warren Buffet is famous for saying, “Be fearful when others are greedy and greedy when others are fearful.” It might be the perfect time for home buyers to be greedy.
In 2021 buyers were faced with bidding wars. Many offered tens of thousands of dollars above asking to buy a home. Now in 2023, prices have fallen more than 12 percent in Austin and buyers are fearful.
Some homebuyer’s are fearful about buying a home in Austin since prices have fallen. It’s now a good time to buy?
This week’s video explores the two fears buyers are expressing to me every day.