Good news is rare these days, unless you’re a seller

By Lisa Baker | Glendale Star

“Good news is rare these days, and every glittering ounce of it should be cherished and hoarded and worshipped and fondled like a priceless diamond.”

While this Hunter S. Thompson quote may be from 2003, it certainly rings no less true in 2020. Good news may be rare these days, but there’s a little something for everyone in real estate today.

The good news for sellers is that we are still a strong seller’s market. The National Association of Realtors reported that prices in July “rose in every region” of the U.S., as “for the first time ever, national median home prices breached the $300,000 level.” And in their bid to be competitive, many buyers are increasingly willing to forgo asking the seller to contribute to their closing costs. And it’s working.

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