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Home Sellers Grapple with New Normal

Summary by BizWest
The heady days of the early 2020s, when homes would sell well above the asking price after a bidding war among multiple potential buyers, are long gone. Over the past three years, the residential real estate market has slowly transitioned from a seller’s market to a buyer’s market, and home sellers still grasping at those frenetic days will notice that there aren’t likely to be many takers if their home is priced too high for the current market.
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Uusimaa broke the news on Sunday, October 11, 2026.
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