Uncertainty in the Real Estate Market Could Benefit Buyers
Brown Harris Stevens CEO Bess Freedman stopped by Fox Business' "Coast to Coast" to discuss the latest mortgage news. There are signs inflation may be starting to moderate and some indicators show rates may have dipped, but challenges remain within what Freedman describes as a “wobbly market."
In the segment, Freedman discussed her thoughts on price adjustments made by realistic sellers and the opportunity for buyers to benefit through strategic negotiation.
“Sellers need to hear that [they’re going to have to drop their price]. We’re starting to see prices come down a little bit … and I think it’s a huge opportunity market for buyers … I think in a scared or tense market, you can go in there and negotiate and get a good deal.”
Watch the interview in full above. To learn more about Bess Freedman and her background, visit the Brown Harris Stevens website.