A year ago, people were over-bidding well above asking price. When rates took an upward turn this past January, that all slowed and finally, stopped. Now into a buyer's market, things have turned around and it may be time again to consider the home purchase you've been waiting on. In addition, sellers are giving concessions to help move their properties, paying for closing costs, rate buydowns for up to 3 years, etc. I hope this chart helps lay out what I'm saying. Give me a call for more information.