If you are looking for a home right now, you need to make sure you have an eye on the price changes and be ready to jump on a good deal. A 3 bedroom home in Arroyo Grande yesterday dropped to $464K from $535K. It originally listed in May for $594K. This one is a GREAT BUY and probably won’t last long. I’d bet there are going to be more of these type of finds from here on out. It’s sort of like when it was a Seller’s market that you needed to keep an eye on New Listings to jump on something before someone else did.
I have a service that I can set my clients up on (or clients of any agents on my Team) that checks the MLS system multiple times a day (every few hours throughout the day) for any price changes for properties that meet a defined criteria. If there is a change, it will automatically email you. This is different than my “Just Listed” service which checks once a day. I use this particular service myself to keep an eye on listings and is tons better than me having to log into the MLS System throughout the day and run reports. It is the best way to stay connected with the market and find a good deal!