I was scheduling showing appointments for two new listings in Lewes for this Sunday and heard these words -

“Sorry, but that house is under contract and we already have a backup contract”!

MLS 570377

Wow, I haven’t heard those word in some time. The clients that are going to be here on Sunday have been looking at homes with me for several months now. Each time they have come back there were a few new homes on the market but most of the ones they had already seen were still available. Hard to feel any sense of urgency when it doesn’t appear that anything is selling.

Then one of the homes on the MAYBE list sold. Now this one they never got to see is apparently sold. Everyone in my office is busy, busy, busy showing properties and making offers.

There have also been a few price reductions on other homes for sale in Lewes, Delaware, 19958 – homes that remain on the market but have not yet sold. Some very good homes in terrific locations are for sale at prices we will never see again, at least not in my lifetime. So how will that affect the buyers we are all working with? Only time will tell, but history says that once the ball starts rolling, it picks up tempo.