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The Truth about Homebuyer Competition

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homebuyer competition

Where Did all the Homebuyers Go

Has the decrease in buyers and lack of competition kept you from selling your home? With a fast changing real estate market, it can be difficult to uncover the best decision to make when it comes to your home.

I get it, I’ve been in real estate for nearly a decade and have experienced many different markets, including living through the one in 2008. Hi, I’m Eren Millam with Premiere Property Group and I am here to help give you facts that will help guide your decisions as you decide what to do with your home.

Homebuyer Competition is Down

There is no denying that homebuyer competition is fading. According to Redfin, 43% of home offers had competition. Of that competition, in July the average number of offers was 3.5. That’s down from 4.1 just one month prior.

Seller Reactions

Buyers have more options now and sometimes sellers feel they need to compromise to get an offer on their home. This is why it is so important to have an experienced agent on your side as you get ready to sell your home. Proper pricing and expert digital marketing, is now more essential than ever to get the maximum return on investment for your home.

Reach out to my team today if you are thinking of selling so we can help you navigate this changing market. I’m Eren Millam and remember, Extraordinary Service delivers Extraordinary Results!

If you have more questions, would like me to bust more real estate myths, or just want to talk about your next move in real estate, give us a call! I’m Eren Millam and remember, Extraordinary Service delivers Extraordinary Results!


If you’re thinking of buying or selling your home in the west Lewis County area, contact me today! I’d love to hear from you! Eren Millam – Managing Broker Premiere Property Group, LLC WA License No. 26933

Chehalis, WA 98532 | Centralia, WA 98531 | Adna, WA | Napavine, WA | Onalaska, WA 98570 | Rochester, WA 98579 | Vader, WA 98593 | Winlock, WA 98596 | Boistfort, WA 

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