COLORADO SPRINGS“The statistics do not tell the entire story. We may show only a 1.1% drop in the median sales price for all properties, and a slight uptick in active properties, but the real
Buyers Are Giving Up
Dated: October 20 2025
Views: 95
And the status quo continues. There was a time when every month we got to write about the never-ending sellers’ market. Where every buyer either gave it all up to the seller or they did not get to buy. Higher prices month over month, year over year. Escalation clauses, appraisal gaps, and prayers got buyers into homes. The opportunities for a buyer was simply a struggle. Now we get to update on how we are stagnant. Year over year prices is about the same. Active listings were up, but properties sold were also up. An overview of the housing market appears to be stable. But the underlying story is different.
At the ground level there is a lot to now consider when you are a buyer and seller. If a seller really wants to solicit a buyer, they are going to have to have a great home at a great price. When the buyer makes an offer, the seller is going to negotiate softly. This may be the only buyer a seller gets. At inspection, the seller also must be careful. With so many homes on the market and buyers only half committed to buying even the simplest of inspection items can make a buyer move on. Agents and lenders are emotionally on edge. List agents try to explain a very unpredictable situation to sellers. Do you give it all away? Should you negotiate harder only to watch a buyer walk? How often do we price reduce? This is the gauntlet we all are traversing while trying to move homes. Buyers have it much easier. Plenty of homes to choose from, and if anything doesn’t go in favor of the buyer they can actually go find another home. Despite the numbers looking stable, the housing market is anything but stable when you get into the transaction.
Patrick Muldoon
I have many interests and hobbies to supplement my busy career in real estate. Although I enjoy my work I also enjoy finding free time to enjoy the most important things in life. This includes being w....
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