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PART 2 (SEE PART 1)With all of that being said you still have to look at the big picture which is that we are still undervalued and homes cost much less than majority of the country.
With all of this being said, I am advising my clients to sell NOW before the market softens. We can still get sellers top dollar, above appraisal value in most cases. In my opinion if you sell now you will have the ability to sell high and buy low again once the market softens and better deals present themselves. The days of bidding wars and selling for around 10% above appraisal value will soon be gone and buyers will have the opportunity to low ball and get deals at or below appraisal value again.
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