Prices still higher from last year but inching lower from previous months. Closed sales are down 22.8% for Homes & Condos so that means sales activity is way down. Days on market are starting to inch longer. For my listings I’ve been offering seller credits to buyers which has been helping to put them in escrow and get it sold. It allows the buyer to buy down the interest rate and/or help with closing costs. Buyers in this market can get creative by going with ARMs instead of 30-year fixed loans and get seller credits to buy down the rate. It’s much easier to buy now because you don’t have to give up as much in your offer and you can run a normal escrow with all of your due diligence. I think buyer activity should pick back up again once the interest rates stabilize. Would love to hear your comments below!