Congress just asked if private listings are locking buyers out of the market. The answer might surprise you.
First time buyers now make up just 21 percent of all purchases. That's the lowest share since 1981. The historical norm was 40 percent before the 2008 crash.
The typical first time buyer is now 40 years old, up from their late 20s a generation ago. Delaying a first purchase by a decade can cost roughly $150,000 in lost home equity over time.
Here's what's driving it: 7 in 10 agents say no client has ever asked them to market a home privately. So who benefits when listings are kept quiet? The brokerage that can represent both sides and capture the buyer before the market sees the home.
As your Phoenix Valley agent, I believe transparency protects everyone. A well informed marketplace produces more competitive offers and more durable transactions for buyers and sellers alike.
When you work with me, I'll show you every listing available in your search, not just the ones being quietly circulated.
DM me directly and I'll personally walk you through what's actually available right now in your price range.
