Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

Real Estate Market Shift: From Frenzy to Reality. Key Tips! #shorts

1 Sept 2025

Watch on YouTube

A short YouTube monologue by Tim Urban (uploaded by Scott Selleck) summarizing the U.S. residential real estate market’s shift from pandemic-era frenzy (2020) to a more normalized 2024. Key reported indicators: inventory increases, longer days-on-market, and a rise in cancellations—giving buyers more leverage; sellers are moving from denial to acceptance. Practical takeaways: price correctly, present the home well, and work with a local expert.

From early 2020 pandemic exuberance, tight supply, bidding wars to realism now inventory up 17.4 to 28.2% days on market plus 11% record cancellations give buyers leverage. Sellers shift from denial to acceptance, undercutting competition in a more challenging landscape than 2024. In summary, cautious hope amid frustrations driven by equity but barred by biases in a normalizing market. The key is to price your home correctly, make sure your home presents well, and work with a local expert who has your back.