Here in Lincoln, for a number of years now, it has been a sellers' market. If your home is in top condition, you could expect it to be under contract within 24-48 hrs of being listed. With the rising interest rates, that has changed. Now, it's taking weeks.
I'm of the opinion that slowing the market down is a good thing. When the market is too hot, things like proper inspections get waived and buyers are forced into hasty decision-making that can really back-fire.
Here in Lincoln, for a number of years now, it has been a sellers' market. If your home is in top condition, you could expect it to be under contract within 24-48 hrs of being listed. With the rising interest rates, that has changed. Now, it's taking weeks.
I'm of the opinion that slowing the market down is a good thing. When the market is too hot, things like proper inspections get waived and buyers are forced into hasty decision-making that can really back-fire.