Hacker Connect January 16 in New York
An event for and by the real estate tech community

The buzz at NAR is that even the most heated markets are now slowing. Inventories are increasing at a dramatic rate. Could the next buyer's market be just around the corner? A buyer's market is our industry's worst nightmare. Unlike a seller's market where there is limited inventory and what is listed sells quickly, a buyer's market is one where there is too much inventory and very little activity. Worse yet, while sellers cannot underprice their property in a strong seller's market, in a buyer's market, overpricing is the kiss of death. Imagine a market where prices are going down 1.5 percent per month. (This was the case in Southern California in the early 1990s.) You work hard to obtain a price reduction and then the market takes another nosedive even before you can post your price redu...